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Banks considering `500 crore interim funding to Jet Airways : PNB

The bank is part of the lenders’ consortium, led by State Bank of India, that has extended loans to the debt laden airline.

Jet Airways shareholders okay conversion of debt into equity

Shareholders also authorised the firm to increase share capital from Rs 200 crore to Rs 2,200 crore, and also the alteration to the articles of association.

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Explained: Why Jet Airways will be sold for Re 1

Jet Airways bailout plan: The complicated arrangement is on track to be voted through on February 21, in what would represent the rescue of one of the country’s most visible companies at a sensitive time, with India’s general election just weeks away.

Jet Airways board approves rescue deal, banks to get over 50% stake in bailout plan

The resolution plan allows the lending consortium to nominate members on the board. The company called an extraordinary general meeting on February 21 for shareholder approval.

Jet Airways accepts Etihad's bailout terms, says report; shares rise

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.

DGCA questions Jet Airways on its ability to maintain schedule

In response to a query by the stock exchanges, Jet Airways said it has grounded one aircraft for scheduled termination of its engine’s lease and is also in the process of redelivering three aircraft to lessors due to the scheduled expiry of their respective lease terms.

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Explained: As Jet Airways grounds aircraft, what to make of the airline's troubles

In prior cases in India, as well as overseas, where airlines went into a tailspin due to liquidity crunch, the downfall began with non-operational aircraft and flight cancellations.

Jet Airways cancels several flights from Mumbai, Delhi, Chennai, Bengaluru as four aircraft grounded

Jet Airways has a fleet of 123 aircraft, including 86 Boeing 737s – including several variants such as 737 MAX 8, 737-700, 737-800, 737-900 and 737-900ER. Other aircraft operated by the airline include Boeing 777, ATR 72 and Airbus A330.

Jet Airways seeks shareholder nod for converting existing debt into equity

The company will also seek approval to allow its lenders to nominate directors to its board, the airline said in a stock exchange filing.

How an airline is casting a shadow on India's elections

The fate of the teetering carrier is now part of the opposition’s narrative that businesses are ailing, with the $2.6 trillion economy losing jobs on Modi’s watch.

JET airways Photos

Passenger coach rams into stationary Air India plane in Kolkata

Jet Airways passenger bus rams into stationary Air India flight at Kolkata airport, no casualties.

Smriti Irani at Children's Day celebrations

Former cricketer Sachin Tendulkar met with under-privileged children at a domestic airport terminal in Mumbai on the eve of Children’s Day on Thursday (November 13).

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JET airways Videos

Passengers on Jet Airways flight suffer ear, nose bleeding after crew forget to maintain cabin pressure

The passengers on a Jet Airways Mumbai-Jaipur flight suffered nose and ear bleeding on Thursday after the crew forgot to maintain cabin pressure. The flight had to turn back and the crew was taken off duty.

How often our airlines experience technical snags: News in Numbers

Domestic airlines have reported the number of technical snags they have experienced. Of them all, IndiGo's numbers jump out, because it first reported 340 odd snags and when rivals reported the number suspect, it was revised to over 14,000 snags.

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Kavita Krishnamurthy opines on Sonu Nigam's Jet Airways row

New Delhi, Feb 8 (ANI): Speaking on the on-going Sonu Nigam's Jet Airways controversy, singer Kavita Krishnamurthy supported her counterpart, saying that suspension was a harsh decision. Sonu Nigam recently made headlines for performing on medley of songs on the Jet Airways flight, following which the airline has suspended the entire cabin crew of that flight. The 'Bole Chudiyan' songstress, who has worked with a variety of music composers including R. D. Burman, Hamsalekha and A. R. Rahman, was recently spotted at a musical night 'Basant Ke Rang' held in the national capital. Others who performed at the event were singer Shabir Kumar, and `Uttaran` famed TV star Sreejita among others.

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