Abu Dhabi S Etihad Airways
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Won't Express Interest In Reinvesting In Jet Airways, Says Abu Dhabi's Etihad
Etihad acquired a 24 per cent stake in Jet in 2013, at a time when Jet Airways needed significant financial support.
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What's Next For Jet Airways After Founder Naresh Goyal's Exit: Ten Points
Jet Airways founder-chairman Naresh Goyal and his wife, Anita, resigned from the airline's board of directors today while state-run lenders announced a Rs 1,500 crore bailout plan. The two took the step at a time when a majority of its fleet has been grounded amid non-payment of dues to banks, suppliers, pilots and lessors. The total debt of the tr...
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Why Jet Airways Is Selling A Majority Stake For Re 1
A group of lenders led by State Bank of India has proposed taking a 50.1 percent stake for 1 rupee through the issuance of 114 million new shares
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Jet Airways To Get $35 Million From Frequent Flyer Programme: Report
Sources in the aviation industry in Abu Dhabi have confirmed to ANI that Etihad Airways has green lighted JPPL, Jet's Frequent Flyer Programme which is majority-owned by Etihad, to enter into an agreement that will provide Jet immediate liquidity of $35 million to help it meet some of its current obligations including staff salaries.
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Nawaz Sharif, Daughter Arrested At Lahore Airport, Sent To Jail: 10 Facts
Former Pakistan Prime Minister Nawaz Sharif and his daughter Maryam, sentenced to jail in absentia for corruption, were arrested within minutes of their Etihad Airways flight from Abu Dhabi touching down at Lahore airport on Friday. The three-time prime minister and his daughter were later handcuffed and flown to Islamabad in a smaller aircraft. Mo...
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United Arab Emirates's Etihad Airways Announces Suspending Flights To Qatar
Abu Dhabi's Etihad Airways said Monday it would suspend flights to Qatar after the United Arab Emirates was among major Gulf states to sever ties with Doha in an unprecedented regional diplomatic crisis.
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Boarding To United States Usual Despite Laptop Ban, Says Etihad Airways
Etihad Airways' bookings to the United States are healthy despite last month's introduction of a ban on most electronics from the cabins of passenger flights to the United States, the Abu Dhabi carrier said on Monday.
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Etihad to Expand Operations in India With Daily Flights to Kolkata
Etihad Airways, UAE's flag carrier, has announced expansion of its first flight operations to northeast India with the launch of a daily service between Abu Dhabi and Kolkata.
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Jet Airways Reports Highest-Ever Quarterly Loss
Jet, which last year sold a 24 percent stake to Abu Dhabi's Etihad in the first deal in the sector after the government eased restrictions, reported on Tuesday a standalone net loss of Rs 2,154 crore for its fiscal fourth quarter to end-March.
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Jet Airways does not see big revenue fall due to US downgrade
Jet, which sold a 24 percent stake to Abu Dhabi's Etihad last year, is replanning its U.S. strategy after the downgrade, a senior company executive told analysts on a conference call. The airline posted a $43 million net loss for the December-quarter on Friday, its fourth straight quarterly loss.
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Jet Airways posts fourth quarterly loss in a row
Jet, which last year sold a 24 per cent stake to Abu Dhabi's Etihad in the first deal in the sector after the government eased restrictions, reported a net loss of Rs 268 crore for the third quarter to ending December 31. It had reported a profit of Rs 85 crore in the year-ago quarter.
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Government decision on sale of Air India's Boeing 777 aircraft to Etihad soon: report
The sale of five long-haul Boeing 777 aircraft of Air India to Etihad Airways is likely to come up before the Union Cabinet for approval soon, official sources said on Tuesday.
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Etihad nearly trebles capacity from Mumbai, Delhi to Abu Dhabi
Gulf carrier Etihad Airways, which concluded a 24 per cent stake purchase deal with India's Jet Airways last month, has doubled the number of its flights to Abu Dabhi from Mumbai and Delhi, by adding a second daily service on these destinations in view of the growing demand.
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Air India firms up deal to sell 5 Boeing 777 to Etihad: report
Top Air India officials signed a formalising agreement with their Etihad counterparts in Abu Dhabi earlier this week, they said, adding that the deal would be implemented after the Indian government's approval, which is expected soon.
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Etihad orders 56 Boeing aircraft, including 25 777X as Dubai Airshow opens
Abu Dhabi's Etihad Airways placed an order for 56 Boeing aircraft, including 25 yet-to-be launched long-haul 777X passenger jets, as the Dubai Airshow opened on Sunday.
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Won't Express Interest In Reinvesting In Jet Airways, Says Abu Dhabi's Etihad
Etihad acquired a 24 per cent stake in Jet in 2013, at a time when Jet Airways needed significant financial support.
-
What's Next For Jet Airways After Founder Naresh Goyal's Exit: Ten Points
Jet Airways founder-chairman Naresh Goyal and his wife, Anita, resigned from the airline's board of directors today while state-run lenders announced a Rs 1,500 crore bailout plan. The two took the step at a time when a majority of its fleet has been grounded amid non-payment of dues to banks, suppliers, pilots and lessors. The total debt of the tr...
-
Why Jet Airways Is Selling A Majority Stake For Re 1
A group of lenders led by State Bank of India has proposed taking a 50.1 percent stake for 1 rupee through the issuance of 114 million new shares
-
Jet Airways To Get $35 Million From Frequent Flyer Programme: Report
Sources in the aviation industry in Abu Dhabi have confirmed to ANI that Etihad Airways has green lighted JPPL, Jet's Frequent Flyer Programme which is majority-owned by Etihad, to enter into an agreement that will provide Jet immediate liquidity of $35 million to help it meet some of its current obligations including staff salaries.
-
Nawaz Sharif, Daughter Arrested At Lahore Airport, Sent To Jail: 10 Facts
Former Pakistan Prime Minister Nawaz Sharif and his daughter Maryam, sentenced to jail in absentia for corruption, were arrested within minutes of their Etihad Airways flight from Abu Dhabi touching down at Lahore airport on Friday. The three-time prime minister and his daughter were later handcuffed and flown to Islamabad in a smaller aircraft. Mo...
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United Arab Emirates's Etihad Airways Announces Suspending Flights To Qatar
Abu Dhabi's Etihad Airways said Monday it would suspend flights to Qatar after the United Arab Emirates was among major Gulf states to sever ties with Doha in an unprecedented regional diplomatic crisis.
-
Boarding To United States Usual Despite Laptop Ban, Says Etihad Airways
Etihad Airways' bookings to the United States are healthy despite last month's introduction of a ban on most electronics from the cabins of passenger flights to the United States, the Abu Dhabi carrier said on Monday.
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Etihad to Expand Operations in India With Daily Flights to Kolkata
Etihad Airways, UAE's flag carrier, has announced expansion of its first flight operations to northeast India with the launch of a daily service between Abu Dhabi and Kolkata.
-
Jet Airways Reports Highest-Ever Quarterly Loss
Jet, which last year sold a 24 percent stake to Abu Dhabi's Etihad in the first deal in the sector after the government eased restrictions, reported on Tuesday a standalone net loss of Rs 2,154 crore for its fiscal fourth quarter to end-March.
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Jet Airways does not see big revenue fall due to US downgrade
Jet, which sold a 24 percent stake to Abu Dhabi's Etihad last year, is replanning its U.S. strategy after the downgrade, a senior company executive told analysts on a conference call. The airline posted a $43 million net loss for the December-quarter on Friday, its fourth straight quarterly loss.
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Jet Airways posts fourth quarterly loss in a row
Jet, which last year sold a 24 per cent stake to Abu Dhabi's Etihad in the first deal in the sector after the government eased restrictions, reported a net loss of Rs 268 crore for the third quarter to ending December 31. It had reported a profit of Rs 85 crore in the year-ago quarter.
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Government decision on sale of Air India's Boeing 777 aircraft to Etihad soon: report
The sale of five long-haul Boeing 777 aircraft of Air India to Etihad Airways is likely to come up before the Union Cabinet for approval soon, official sources said on Tuesday.
-
Etihad nearly trebles capacity from Mumbai, Delhi to Abu Dhabi
Gulf carrier Etihad Airways, which concluded a 24 per cent stake purchase deal with India's Jet Airways last month, has doubled the number of its flights to Abu Dabhi from Mumbai and Delhi, by adding a second daily service on these destinations in view of the growing demand.
-
Air India firms up deal to sell 5 Boeing 777 to Etihad: report
Top Air India officials signed a formalising agreement with their Etihad counterparts in Abu Dhabi earlier this week, they said, adding that the deal would be implemented after the Indian government's approval, which is expected soon.
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Etihad orders 56 Boeing aircraft, including 25 777X as Dubai Airshow opens
Abu Dhabi's Etihad Airways placed an order for 56 Boeing aircraft, including 25 yet-to-be launched long-haul 777X passenger jets, as the Dubai Airshow opened on Sunday.
