November 06, 2019 10:35 am
Qatar had shown interest in picking up stake in IndiGo earlier, but IndiGo, the country’s biggest carrier, has been holding out.
May 11, 2019 1:58 am
“Lenders are expected to meet next week to consider the bids submitted by the suitors. Details of the bids are not known,” said an official.
February 01, 2019 11:30 am
Jet Airways is also behind on salary payments to pilots. The airline had agreed to pay the outstanding 25 percent of salary for October and 75 percent of November in January, while the remaining will be cleared in tranches by April.
January 14, 2019 7:49 pm
Etihad is in talks to lift its holding from the current 24 per cent. CNBC-TV18 said that Jet founder Naresh Goyal’s stake could drop to 20 per cent from 51 per cent and that he will stand down as chairman.
October 04, 2018 7:35 am
The Naresh Goyal-controlled airline is struggling to mop up funds to meet its payment obligations, including salaries to its over 16,000-strong workforce.
May 28, 2018 6:32 pm
Along with the Air India, low-cost carriers IndiGo and Jet Airways also made it to the list. While IndiGo made it to the fifth position on the list, Jet Airways was ranked at the 12th spot,
July 31, 2017 10:06 pm
The incident took place at around 7 pm. The aircraft had 196 passengers and 13 crew members on board, the official said. A comment from Etihad Airways is awaited.
April 22, 2014 12:52 am
Naresh Goyal-promoted airline is learnt to have discontinued flights to Vijaywada and Tirupati and has closed down offices in these two destinations.
July 29, 2013 5:11 pm
Billed as largest FDI in aviation space; once Jet-Etihad agree,deal to go to Cabinet Committee.