Gulf Times - Jet-Airways
India's Jet grounds seven more planes amid shutdown fears

India's Jet grounds seven more planes amid shutdown fears

India's 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.

Crisis at India's Jet worsens as it grounds planes, faces strike

Crisis at India's Jet worsens as it grounds planes, faces strike

India's Jet Airways was fighting multiple crises Wednesday after grounding six planes, leaving it with only a third of its fleet flying, while pilots have threatened to walk out and a major shareholder ...

India government asked banks to save Jet Airways, avoid bankruptcy: sources

India government asked banks to save Jet Airways, avoid bankruptcy: sources

India's government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses ...

Jet shareholders approve conversion of loan into shares

Jet shareholders approve conversion of loan into shares

Shareholders of the beleaguered Jet Airways have approved a proposal to convert a part of company's loans into shares with an overwhelming majority.

India's SBI set to own 15% of Jet Airways

India's SBI set to own 15% of Jet Airways

Jet Airways creditor State Bank of India is likely to own 15% of the airline if the cash-strapped carrier's plan for a debt-for-equity swap is approved, Indian TV channels reported on Tuesday.

Air pressure mix-up causes mass bleeding on Indian flight

Air pressure mix-up causes mass bleeding on Indian flight

The Jet Airways flight to Jaipur had to turn back as the alarming symptoms became apparent, the airline said.

India plans relief package for airlines as losses mount

India plans relief package for airlines as losses mount

Jet Airways and state-owned Air India are struggling to stem losses in the world's fastest-growing domestic aviation market.

India's beleaguered Jet Airways posts loss

India's beleaguered Jet Airways posts loss

India's embattled Jet Airways posted a first-quarter loss on Monday, blaming high fuel prices and a weak rupee.

Doha Bank, Jet Airways join hands to offer 12% discount on flight tickets

Doha Bank, Jet Airways join hands to offer 12% discount on flight tickets

Doha Bank has announced the launch of a new campaign to offer a 12% discount on airfare on flights booked on Jet Airways.

India's Jet Airways says evaluating funding options to meet liquidity needs

India's Jet Airways says evaluating funding options to meet liquidity needs

Indian carrier Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its revenue-boosting and cost-cutting measures have started to show results.

India's Jet Airways nosedives after earnings delay

India's Jet Airways nosedives after earnings delay

Jet Airways slid 8.04% in morning trade, a day after it told the Bombay Stock Exchange that it was delaying releasing its first-quarter results.

Jet Airways confident despite reports cash running out

Jet Airways confident despite reports cash running out

Jet Airways had told pilots it had enough cash left to keep operating for just 60 days and would need to put in place cost-cutting measures including pay cuts.