Jet Airways Rescue Deal
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All Stories for Jet Airways Rescue Deal
Jet Airways revival: Lenders may initiate fresh talks with NIIF soon; reach out to Hinduja group offering stake in airline
Fp Staff •This move is a major step towards reviving Jet Airways, which suspended its entire operations on 17 April due to acute liquidity crunch, the report said.
Jet Airways revival: Etihad Airways bids for minority stake in beleaguered airline; SBI-led lenders’ consortium, NIIF to get hit
Muralidharan •Etihad Airways’ decision to bid for Jet Airways could possibly be a way to preserve the bilateral it was given, as well as to protect its India feed.
Downfall of Jet Airways: Debt-laden airline never had a viable business model, failed to maintain income-expenditure balance
Vivek •The overall expenditure of Jet Airways was simply too high, given the total income of the airline. A basic problem with the business model
Jet Airways employees’ bailout offer: No harm in trying because buyer apathy in any case stares at banks
Muralidharan •Unfortunately for Jet Airways employees, there is nothing to leverage with the grounded airline's net worth in the negative.
Jet Airways approaches airlines, e-commerce firms seeking jobs for the staff as uncertainty over its fate continues
Fp Staff •The Jet Airways management is reportedly creating a database of the employee profiles and sharing them with prospective companies, said the report quoting several persons in the know of the matter.
Jet Airways shares plunge 22.5%, hit 1-year low amid reports hint at lack of interest among bidders to follow up EoI
•Jet Airways ceased operations on 17 April after months of financial difficulties and multiple attempts at saving the oldest private sector airliner failed.
Jet Airways debacle: Satyam-style model worked with Tech Mahindra but will not be answer to cash-strapped airline's fortunes
Muralidharan •So much so, even if IndiGo, for example, agrees to take Jet Airways in its wide wings on merger, it would not be enough because the cash crunch would spread from Jet Airways to Indigo.
Jet Airways slot allocation to other airlines on temporary basis, move to reduce flyers' inconvenience: Govt
•The SBI-led consortium of lenders and Jet Airways employees unions had on Monday urged the government to secure its international landing slots to protect its valuation.
Jet Airways grounded: JetPrivilege says members need not worry, JPMiles value, safety remain intact; all you need to know
Fp Staff •Like the passengers, who booked tickets in Jet Airways before the temporary grounding of the airline and worried about the refund now, the JPMiles earners are also concerned about if they can encash the reward points.
Jet Airways shares halt three-day decline; zoom 13% on value buying at lower levels after plunging 40.94%
•Shares of Jet Airways, which has shut down operations temporarily, continued to fall for the third day in a row on Monday, tumbling over 23 percent.