Tony Douglas

Jet Airways' revival plan stalled by promoter Naresh Goyal's demand to exclude perpetuity clause

At Etihad 's board meeting several members reportedly expressed reservations about the terms proposed by the lenders

DGCA may not bar Jet Airways from accepting advance bookings beyond a period amid massive flight cancellations

Sources at Jet Airways clarified that DGCA is unlikely to bar Jet Airways from accepting advance bookings

Decision to provide emergency funds to crisis-hit Jet Airways will be taken on collective basis: PNB

Jet Airways has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.

Etihad Airways loses $1.28 billion in 2018 as its strategy of aggressively buying stakes in other airlines turns sour

Since 2016, Etihad has lost a total of $4.75 billion as its strategy of aggressively buying stakes in airlines from Europe to Australia to compete against Emirates

Crisis-hit Jet Airways defaults on foreign loan repayment; Etihad Airways likely to infuse around Rs 1,600-1,900 crore

Jet Airways, which has been in service for 25 years, has been grappling with acute financial woes that have forced it to ground around 50 planes

Jet Airways resolution plan: Founder Naresh Goyal agrees to step down as chairman as part of rescue deal

Eithad, which owns a 24 percent stake in Jet Airways, is, however, reticent to provide interim funding of about 7 billion rupees ($99 million) to Jet Airways

Troubles mount for debt-laden Jet Airways as nearly one-third of fleet likely to be grounded soon

As many as 28 aircraft have already been grounded and by the end of February, another 14 planes will be grounded making it almost one-third of Jet Airways' fleet of 123 planes.

SBI calls lenders' meeting with Jet Airways chairman Naresh Goyal and Etihad CEO Tony Douglas

SBI is the lead lender of a consortium that has extended loans to Jet Airways

Jet Airways lenders expected to get reply from Etihad this week on terms of capital infusion in debt-laden airline

Etihad Airways offered to invest in Jet Airways Ltd at Rs 150 ($2.11) per share, along with an immediate release of $35 million

SBI says lenders in talks for Jet Airways' restructuring plan for resolution of stressed assets

Statements from Jet and its biggest lender SBI come after it was reported that Etihad had offered to buy Jet shares at a 49 percent discount