Jet Airways Debt

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Downfall of Jet Airways: Banks had seen writing on the wall with over a billion dollars to be paid back, but yet acted too late

Jet Airways had over a billion dollars to pay back to banks, and that should have been reason enough for the latter to consider taking more interest and a pro-active approach, but they did not.

Forced to step down, Naresh Goyal now returns to put in bid for cash-strapped Jet Airways

Last month, Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt.

Jet Airways' new investor needs to bring Rs 4,500 cr capital, says SBI; Expression of Interest to be issued next month

There has been a lot of interest in Jet Airways and the buyer has to bring in equity of about Rs 4,500 crore to keep it running

PSBs have kept public interest in mind, says Arun Jaitley on decision regarding Jet Airways

Jet Airways' board has approved immediate fund infusion of up to Rs 1,500 crore by lenders as well as conversion of debt into equity

Jet Airways crisis: SBI-led consortium announces new measures, but keeping a debt-ridden airline floating won't be easy

The financial situation at Jet Airways is precarious and the broader banking sector is facing greater risks with regard to outstanding debt-related to this airline.

State-run banks want Jet Airways chairman Naresh Goyal to reduce stake in carrier to 10%: Report

Jet Airways has more than $1 billion in debt, and owes money to banks, suppliers, pilots and lessors—some of whom have started terminating leases with the carrier

Jet Airways grounds operations at Abu Dhabi airport from today for indefinite period; all flights to partner Etihad's hub cancelled

Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March

Jet Airways may see a rise in debt over next two quarters, could be a short-term blip, says CFO Amit Aggarwal

With Jet Airways incurring a huge fourth-quarter loss of Rs 1,036 crore on high oil prices and weaker rupee, its auditors have said the "appropriateness of assumption of going concern" for the company depends on its ability to raise necessary funds, among other factors.