The finance ministry has in the past year sought regular updates from the banks, led by the State Bank of India (SBI), on Jet’s financial health, the ...
DGCA May Restrict Advanced Booking Window for Jet Airways
“We may ask Jet Airways not to accept forward bookings beyond a particular period,” a senior DGCA official was quoted in media. The comments came in t...
PNB Clarifies that Decision for Jet Airways Funding Will Follow Normal Routine Process
"No, we are going (on decision to lend further to Jet Airways) collectively. The resolution will come with the participation of the stakeholders and w...
Naresh Goyal to Step Down from Jet Airways’ Chairmanship
The move comes a day after an urgent meeting of lenders with Naresh Goyal and Etihad Airways Chief Executive Officer Tony Douglas to resolve various i...
PNB Led Consortium of Lenders to Fund Rs 500 CR to Jet Airways
Regarding Jet Airways, “Of course, the consortium of Lenders is in favour of interim funding to Jet Airways. It is a going concern and we would like t...
Jet Airways Raises Rs 250 Cr from Advance Ticket Sales
Struggling with cash flow crisis, Jet Airways has raised over Rs 250 crore from advance sale of tickets to its customer loyalty programme Jet Privileg...
Sebi to Remain its Constant Stand on Jet Airways
Markets watchdog Sebi said it has not received any reference on relaxation in rules regarding Jet Airways. The regulator’s statement comes amid...
Naresh Goyal Offered to Invest 7000 Cr in Jet Airways
Jet Airways Chairman Naresh Goyal has offered to invest up to Rs 700 crore in the crisis-hit airline as well as pledge all his shares on the condition...
SBI to Give 1500 Cr Loan to Jet Airways
Loss-making carrier Jet Airways is in discussions with the State Bank of India for raising Rs 1,500 crore short-term loan to meet its working capital ...
Jet Airways Signed Codeshare Pact with Saudi Carrier Flynas
Private carrier Jet Airways on Monday announced signing of an agreement with Saudi budget airline Flynas to operate codeshare flights in each other’s ...
