SBI Caps to shortlist bidders for Jet Airways soon
Even as the much-needed funding remains elusive for Jet Airways, merchant banker SBI Caps has started the process for sale of the financially troubled carrier for lenders.
Apr 15, 2019, 23:53 PM IST
Jet lenders still undecided on funding; board to meet on Tuesday
Jet Airways chief executive Vinay Dube in an internal communication has said the lenders could not decide on the emergency funding.
Apr 15, 2019, 20:11 PM IST
Jet Airways pilots appeal to SBI for funds, also ask PM to save 20,000 jobs
The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.
Apr 15, 2019, 12:33 PM IST
Jet Airways pilots defer 'no pay, no work' decision, to take call after critical Monday meeting
As many as 1,000 pilots of the union, National Aviator's Guild (NAG), will meet on Monday morning to decide on whether the pilots will fly or not, due to non-payment of salaries.
Apr 14, 2019, 21:29 PM IST
Over 1,000 Jet Airways pilots not to fly from Monday due to unpaid salaries
Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March.
Apr 14, 2019, 16:55 PM IST
Jet Airways pilots, engineers joining SpiceJet at 30-50% pay cut
Low-cost carrier and top rival SpiceJet appears to be making the most of the crisis at Jet Airways.
Apr 14, 2019, 14:17 PM IST
Jet Airways stops forward booking for east-bound international sector
The company has informed the country`s aviation regulator that it has stopped taking forward bookings for its flights to SAARC and ASEAN destinations till further notice.
Apr 14, 2019, 11:10 AM IST
Jet Airways' employees protest outside Delhi airport over delay in payment
9W is the code for Jet Airways flights, just like 6E is for IndiGo flights.
Apr 13, 2019, 18:56 PM IST
Naresh Goyal bids for Jet Airways
According to the sources, Naresh Goyal, the former promoter of Jet Airways, has placed a bid for the cash-starved airline, Jet Airways. Watch full video to know more.
Apr 13, 2019, 10:06 AM IST
Jet Airways employees flood Air India with job applications
A few days back, Air India had announced the recruitment of crew members in its fleet.
Apr 13, 2019, 05:06 AM IST
Jet Airways founder Naresh Goyal puts in bid for buying a stake in airline
Airline sources said Goyal has put in a bid for Jet Airways. It couldn't be immediately ascertained whether he has partnered with any entity or airline for the bid.
Apr 12, 2019, 23:39 PM IST
Jet Airways union seeks FIR against Naresh Goyal, CEO, SBI chief over non-payment of salaries
They registered their complaints to the police over non-payment of dues and non-resolution of grievances.
Apr 12, 2019, 23:34 PM IST
Jet Airways to fly 6-7 aircraft on both days this weekend domestically: Aviation Secy
He also said the airline has been told to ensure that passenger issues are taken into consideration while it deals with the situation.
Apr 12, 2019, 20:34 PM IST
Jet Airways cancels all international flight operations till Monday
The crisis-hit private airline said that it is working to minimise the inconvenience caused to the guests.
Apr 12, 2019, 20:23 PM IST
PMO calls urgent meeting to discuss situation in Jet Airways
Crisis-hit Jet Airways is facing acute financial crunch and has grounded several of its flights and stopped international operations.
Apr 12, 2019, 19:11 PM IST
Suresh Prabhu directs Aviation Ministry to review issues with Jet Airways after it grounds flights
As of Thursday noon, the airline operated just 14 planes -- way down from 123 planes in operations at the peak.
Apr 12, 2019, 10:30 AM IST
Jet Airways cancels all international flights for Thursday night, three domestic flights for Friday
Jet Airways on Thursday suspended all its international flights scheduled for Thursday after its 10 more aircraft were grounded due to non-payment of outstanding dues to lessors.
Apr 11, 2019, 21:05 PM IST
Jet Airways cancels three flights for Friday
Cash-stressed Jet Airways has announced that it has cancelled three flights scheduled for Friday (April 12) due to operational reasons.
Apr 11, 2019, 19:10 PM IST
Jet Airways to operate 14 planes on Thursday
Since Jet Airways plans to operate only four small planes including three B737s, the number of its flights on domestic routes is expected to decrease drastically.
Apr 11, 2019, 08:54 AM IST
For third time in a week, Indian Oil cuts fuel supplies to Jet Airways
The airline also faced the ignominy of losing one of its planes to a European cargo agent who seized one of its wide-body planes at the Amsterdam airport for payment related issues, a source said.
Apr 10, 2019, 18:06 PM IST
