Tata Sons board meeting with Naresh Goyal-controlled Jet Airways today; will it snap up beleaguered airline?
Fp Staff • 6 years agoThe two sides are inching towards a two-step transaction that would first see Jet merging with Tata-SIA that runs Vistara through a share swap to form a new JV, which will have the Goyal family, Etihad, Tata Sons and Singapore Airlines as partners
Cash-strapped Jet Airways in talks with many 'interested parties' for stake sale, capital infusion
Fp Staff • 6 years agoJet Airways is looking for investors to tide over the liquidity crisis, which has resulted in delayed payments to some vendors and salaries to a section of its over 16,000 employees.
Icra downgrades Jet Airways' long-term borrowing programme amid steep increase in fuel prices, rupee depreciation
Fp Staff • 7 years agoRating agency Icra has downgraded Jet Airways’ long-term borrowing programme to B from BB
Jet Airways denies loan default, says evaluating all funding options to meet liquidity requirements
• 7 years agoJet Airways, which is grappling with financial woes, had last week deferred announcement of its financial results for the June quarter and is yet to announce a date.
One-time income helps Jet Airways sniff profit, loss narrows by 96%
Fp Archives • 10 years agoJet Airways also logged a near 14 percent rise in passenger revenues to Rs 4,277 crore from Rs 3,753 crore a year ago, while the revenue from cargo rose 10.5 percent to Rs 379 crore from Rs 343 crore in the corresponding quarter previous fiscal.