Jet Airways-lenders

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Jet Airways-lenders - Total results - 6
Govt sees little hope of a bidder emerging for debt-laden Jet Airways; could face bankruptcy proceedings: Report
Business

Govt sees little hope of a bidder emerging for debt-laden Jet Airways; could face bankruptcy proceedings: Report

Jet’s borrowings are small compared to those of other big defaulters such as Videocon and some steel companies, so lenders likely can wait for some more time before commencing bankruptcy proceedings,

Jet Airways faces imminent shutdown without emergency funds from lenders: Report
Business

Jet Airways faces imminent shutdown without emergency funds from lenders: Report

Jet’s management had advised the airline’s board to temporarily suspend the company’s operations, according to reports

Jet Airways debt-recast plan: Bidding process for cash-strapped airline likely to begin from today
Business

Jet Airways debt-recast plan: Bidding process for cash-strapped airline likely to begin from today

Acute financial crunch has forced Jet Airways to ground aircraft, cancel flights and delay payment of salaries, including to pilots.

Jet Airways flying 26 aircraft fulfills criteria for international operations: Civil Aviation secretary
Business

Jet Airways flying 26 aircraft fulfills criteria for international operations: Civil Aviation secretary

Jet Airways, which is grappling with acute financial woes, had a fleet of around 119 planes.

Have agreed to every condition laid down by Jet Airways' lenders to ensure release of funds for airline, says Naresh Goyal
Business

Have agreed to every condition laid down by Jet Airways' lenders to ensure release of funds for airline, says Naresh Goyal

Jet Airways is set to undergo a debt resolution whereby lenders will take control and also infuse funds worth Rs 1,500 crore

Jet Airways' lenders may acquire substantial stake till new promoters come in: Report
Business

Jet Airways' lenders may acquire substantial stake till new promoters come in: Report

The State Bank of India-led consortium of lenders is working on a resolution plan for the cash-strapped Jet Airways for the last five months.