Vinay Dube

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Vinay Dube - Total results - 38
Vinay Dube, ex-CEO of Jet Airways and GoAir, plans to launch new domestic airline by end of 2021
India

Vinay Dube, ex-CEO of Jet Airways and GoAir, plans to launch new domestic airline by end of 2021

Dube has roped in his former colleagues, Praveen Iyer and Nikhil Ved for the venture. Reports added that Dube has also held discussions with aircraft manufacturers Airbus and Boeing

Jet Airways crisis: Two operational creditors of debt-laden airline file petitions in NCLT to recover dues
Business

Jet Airways crisis: Two operational creditors of debt-laden airline file petitions in NCLT to recover dues

The move by Shaman Wheels and Gaggar Enterprises came at a time when Hinduja Group is evaluating an opportunity to invest in the now-grounded Jet Airways.

Jet Airways says not in position to approve 2018-19 financial results as key managerial personnel resigns
Business

Jet Airways says not in position to approve 2018-19 financial results as key managerial personnel resigns

Shuttered for more than a month, Jet Airways Thursday said it is not in a position to consider audited financial results for 2018-19 due to the ongoing process for management change and resignations of key managerial personnel

Etihad Airway's nominee on Jet Airways board Robin Kamark quits the company
Business

Etihad Airway's nominee on Jet Airways board Robin Kamark quits the company

After Kamark's exit, only Ashok Chawla and Sharad Sharma remain on Jet Airways board, which ceased operations around mid-April

Grounded Jet Airways shares plummet over 24% in one month; market valuation erodes by Rs 451.26 cr to Rs 1,409 cr
Business

Grounded Jet Airways shares plummet over 24% in one month; market valuation erodes by Rs 451.26 cr to Rs 1,409 cr

In one month, shares of Jet Airways tumbled 24.28 percent to Rs 124.10 on the BSE Friday from Rs 163.90 on 18 April

Jet Airways crisis: Exodus of top executives continues, two more senior officials quit airline taking total exits to 6 in two days
Business

Jet Airways crisis: Exodus of top executives continues, two more senior officials quit airline taking total exits to 6 in two days

The exodus of the top deck in Jet Airways is termed as a major setback to the efforts to revive the debt-laden airline by its lenders.

Jet Airways revival: Lenders may initiate fresh talks with NIIF soon; reach out to Hinduja group offering stake in airline
Business

Jet Airways revival: Lenders may initiate fresh talks with NIIF soon; reach out to Hinduja group offering stake in airline

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 CEO Vinay Dube quits: With top executives deserting ailing airline, is there any hope left for its revival?
Business

Jet Airways CEO Vinay Dube quits: With top executives deserting ailing airline, is there any hope left for its revival?

With the top level management throwing in the towel today, is now clear that there is no future for Jet Airways.

Jet Airways crisis: National Aviator's Guild urges Narendra Modi to ask SBI to release one month's staff salary
Business

Jet Airways crisis: National Aviator's Guild urges Narendra Modi to ask SBI to release one month's staff salary

Jet Airways has not paid March salaries to its over 20,000 employees. Jet ceased operations on 17 April.

Downfall of Jet Airways: How Naresh Goyal’s airline walked into a trap of its own making from where there was no return
Business

Downfall of Jet Airways: How Naresh Goyal’s airline walked into a trap of its own making from where there was no return

The Naresh Goyal-founded airline had an almost unhindered flight till 2003-4 until Air Deccan came to the scene

Jet Airways crisis: Banks unions want lenders to offer special loans to airline's over 22,000 employees
Business

Jet Airways crisis: Banks unions want lenders to offer special loans to airline's over 22,000 employees

Last week bank unions had written to Prime Minister Narendra Modi demanding the government take over the carrier to secure the jobs of its employees

Arun Jaitley promised to look into Jet Airways' issues; airline confident of finding new investors: CEO Vinay Dube
Business

Arun Jaitley promised to look into Jet Airways' issues; airline confident of finding new investors: CEO Vinay Dube

Dube said that finance minister Arun Jaitley assured to look into cash-strapped Jet Airways' issues that have forced the airline to halt operations temporarily

Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees
Business

Jet Airways CEO says all jobs can't be secured during sale process; has 'no answer' for fate of over 20,000 employees

Jet Airways owes over three months salaries to 15 percent of the staff comprising senior management, pilots and engineers

Jet Airways to ground all operations temporarily from tonight as lenders refuse to extend required financial support
Business

Jet Airways to ground all operations temporarily from tonight as lenders refuse to extend required financial support

Jet Airways will be the seventh airline to go down since May 2014 and the 13th one after East West was shuttered

Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown
Business

Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes, as debt-laden airline stares at shutdown

Jet Airways CEO Vinay Dube said on Tuesday in a letter to employees that the carrier had stressed to its lenders the need for some urgent funding, critical to the continuation of its operations.

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 lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues
Business

Jet Airways lenders pick four bidders for debt-laden airline's stake sale; uncertainty over emergency funding continues

Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding and that the board of the airline will meet on Tuesday to take a call on the future.

Daily Bulletin: Rahul to campaign in Kerala, Modi in Chhattisgarh and Odisha; SC to hear EC on politicians's 'hate speeches'; day's top stories
India

Daily Bulletin: Rahul to campaign in Kerala, Modi in Chhattisgarh and Odisha; SC to hear EC on politicians's 'hate speeches'; day's top stories

Today's top stories: Rahul Gandhi will campaign in Kerala; Narendra Modi will hold rallies in Chhattisgarh and Odisha; Supreme Court will hear the Election Commission's reply on on hate speeches by leaders; and more.