Jet Airways

Jet Airways to fly again

23 Jun 2021

The Kalrock-Jalan consortium is believed to have offered to repay Rs1,183 crore over a period of five years and a 9.5 per cent stake in Jet Airways and 7.5 per cent stake in Jet Privilege to financial creditors against claims of over Rs15,000 crore from various creditors, including  Rs5,776 crore by 13 domestic banks and financial institutions led by SBI

Jet Airways to fly again under new owners Kalrock Capital and Murari Lal Jalan

19 Oct 2020

Russian sovereign fund shows interest in defunct Jet Airways

20 Feb 2020

Anil Agarwal's Volcan Investments backs out of Jet Airways EoI

13 Aug 2019

Anil Agarwal’s Vulcan Investment, two other bidders show interest in Jet Airways

12 Aug 2019

Jet Airways Employee Consortium, AdiGroup to bid for 75% of airline

02 Jul 2019

SBI tells Jet Airways' employees to wait till airline flies again

30 May 2019

Hindujas, AdiGro may invest up to Rs3,500 cr in Jet Airways

24 May 2019

Lenders want Etihad, other bidders to make joint bid for Jet Airways

14 May 2019

Jet flyers propose ‘Roja’ revival plan with airline staff

06 May 2019

While the Revival of Jet Airways’ plan involves raising Rs20,000 crore through loans to employees, ticket sales and issue of preferential shares to frequent flyers, Rs8,000 of it has to still come from lenders

Jet employees propose Rs7,000-cr bailout for grounded carrier

30 Apr 2019

As things stand, there are four bidders, including Etihad (which holds 24 per cent in Jet Airways) who are keen to acquire the company and with the bidding process set to conclude on 10 May, there are concerns that the lenders may have to take a large haircut on their Rs8000-crore exposure

Lenders look to investors to bail out grounded Jet Airways

18 Apr 2019

The airline’s closure put at risk 22,000 jobs, including engineers and pilots who were denied salary for months together

Jet Airways may halt services temporarily, say reports

16 Apr 2019

Jet Airways founder Naresh Goyal, who stepped down as chairman of the carrier early last month, has decided not to bid for acquiring stake in the cash-strapped airline

Jet Airways gets no cash relief; board to discuss way forward

16 Apr 2019

Jet Airways’ pilots defer strike ahead of Monday’s lenders’ meeting

15 Apr 2019

With a skeleton fleet, Jet Airways halts international flights

12 Apr 2019

Naresh Goyal likely to bid for stake in Jet Airways: report

11 Apr 2019

Six bidders express interest in Jet Airways

09 Apr 2019

Buy-out firms such as TPG Capital, KKR and Blackstone and international airlines such as Lufthansa, Singapore Airlines and Delta-Air France-KLM are among the entities are believed to have shown interest in the airline

Jet lenders to invite bids for sale of stake on 6 April

05 Apr 2019

Jet Airways defaults on $140-mn ECB loan

29 Mar 2019

Jet Airways founder-chairman Naresh Goyal steps aside

25 Mar 2019

Twenty-five years after founding Jet Airways, Naresh Goyal and his wife Anita Goyal will exit the board of the airline, allowing lenders led by State Bank of India to infuse Rs1,500-crore funds into the beleaguered carrier

And now, Etihad asks SBI to bail it out from Jet Airways

20 Mar 2019

Jet’s financial woes has fuelled a pileup of grounded planes as carriers operating on truncated fleet alter schedules, curtail flights and hike airfares during a busy season

Jet Airways suspends flights to and from Abu Dhabi

18 Mar 2019

Jet Airways set to finalise Rs4,000-cr financing deal: report

12 Mar 2019

Under the financing agreement, promoter group stake in Jet Airways will come down to 17 per cent from 51 per cent, while Etihad will retain 24.9 per cent stake and lenders will gain 29.5 per cent through conversion of debt and fresh equity infusion, with the remaining going to a new investor

Jet Airways founder Naresh Goyal to step down as chairman

01 Mar 2019

Goyal has also agreed to reduce his 51 per cent stake in the full-service carrier, but will continue to be a part of the company in some capacity even after stepping down as chairman