Jet Airways crisis: Two operational creditors of debt-laden airline file petitions in NCLT to recover dues
Fp Staff • 6 years agoThe 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
• 6 years agoShuttered 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
• 6 years agoAfter 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
• 6 years agoIn 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
Fp Staff • 6 years agoThe 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
Fp Staff • 6 years agoThis 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?
Sulekha_nair • 6 years agoWith 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
• 6 years agoJet 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
Ameya Joshi • 6 years agoThe 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
• 6 years agoLast week bank unions had written to Prime Minister Narendra Modi demanding the government take over the carrier to secure the jobs of its employees