Jet Airways Debt
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Jet Airways' Return To Skies Delayed With Plane Talks In Limbo
Jet Airways India Ltd, the carrier undergoing a court-monitored process to emerge from bankruptcy, won't return to the skies this month as previously planned, according to people familiar with the matter.
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"Deposit 18,000 Crore For Travel Abroad": Court To Jet's Naresh Goyal
If Naresh Goyal, founder of the cash-strapped Jet Airways, wants to go abroad, he should first deposit as guarantee Rs 18,000 crore his company owes to lenders, the Delhi High Court observed Tuesday while refusing to allow him to leave India.
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Jet Airways Grounds Seven More Planes Amid Shutdown Fears
Debt-laden Jet Airways has grounded seven more planes after failing to pay for its aircraft leases, heaping pressure on its founder as a ballooning crisis threatens its survival.
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"Had To Pawn Mother's Ornaments": Jet Pilots Plead For Unpaid Salaries
We try to forget the stress we are under when we enter the cockpit to fly, but we are only human beings- That is the message of senior Jet Airways commanders who haven't been paid in nearly four months at a time when the airline, one of the biggest aviation brands in India, appears to be descending into a free-fall given its dire financial state.
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"PM Using Public Money For Jet Airways's Bailout Package": Congress
The Congress on Wednesday accused Prime Minister Narendra Modi of doling out public money by directing state-run banks to bailout Jet Airways by converting its debt into equity.
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Passengers Rage Over Cancellation, Delays In Refunds At Jet Airways
India's second-largest carrier, grappling with debt of more than $1 billion, Jet has delayed payments to banks, lessors, vendors and staff. Lessors have grounded more than three dozen planes, forcing hundreds of flights to be cancelled.
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Jet Airways Grounds 4 Planes After Non-Payment Of Lease Rentals
Crisis-hit Jet Airways on Thursday said four of its aircraft have been grounded due to non-payment of lease rentals.
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Flight Operations Hit As Debt-Laden Jet Airways Grounds Part Of Fleet
Crisis-hit private carrier Jet Airways has been forced to ground part of its 123-aircraft fleet following non-payment of dues to lenders, which has led to cancellation of some domestic flights, sources said.
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Jet Airways' Return To Skies Delayed With Plane Talks In Limbo
Jet Airways India Ltd, the carrier undergoing a court-monitored process to emerge from bankruptcy, won't return to the skies this month as previously planned, according to people familiar with the matter.
-
"Deposit 18,000 Crore For Travel Abroad": Court To Jet's Naresh Goyal
If Naresh Goyal, founder of the cash-strapped Jet Airways, wants to go abroad, he should first deposit as guarantee Rs 18,000 crore his company owes to lenders, the Delhi High Court observed Tuesday while refusing to allow him to leave India.
-
Jet Airways Grounds Seven More Planes Amid Shutdown Fears
Debt-laden Jet Airways has grounded seven more planes after failing to pay for its aircraft leases, heaping pressure on its founder as a ballooning crisis threatens its survival.
-
"Had To Pawn Mother's Ornaments": Jet Pilots Plead For Unpaid Salaries
We try to forget the stress we are under when we enter the cockpit to fly, but we are only human beings- That is the message of senior Jet Airways commanders who haven't been paid in nearly four months at a time when the airline, one of the biggest aviation brands in India, appears to be descending into a free-fall given its dire financial state.
-
"PM Using Public Money For Jet Airways's Bailout Package": Congress
The Congress on Wednesday accused Prime Minister Narendra Modi of doling out public money by directing state-run banks to bailout Jet Airways by converting its debt into equity.
-
Passengers Rage Over Cancellation, Delays In Refunds At Jet Airways
India's second-largest carrier, grappling with debt of more than $1 billion, Jet has delayed payments to banks, lessors, vendors and staff. Lessors have grounded more than three dozen planes, forcing hundreds of flights to be cancelled.
-
Jet Airways Grounds 4 Planes After Non-Payment Of Lease Rentals
Crisis-hit Jet Airways on Thursday said four of its aircraft have been grounded due to non-payment of lease rentals.
-
Flight Operations Hit As Debt-Laden Jet Airways Grounds Part Of Fleet
Crisis-hit private carrier Jet Airways has been forced to ground part of its 123-aircraft fleet following non-payment of dues to lenders, which has led to cancellation of some domestic flights, sources said.
