Tag: Jet Airways

Jet Airways shares continue downward trend; tank 15 pc

New Delhi, Jun 14: Shares of Jet Airways further plunged nearly 15 per cent on Friday after stock exchanges decided to impose restrictions on its stock trading from June 28 earlier this week. The scrip tumbled 13.37 per cent to Rs 79.65 — its multi-year low — on the […]

Shiv Sena asks govt to take over Jet Airways

Mumbai :  The Shiv Sena on Monday urged the NDA government to take over the temporarily grounded private carrier Jet Airways and save its staff from losing their jobs. It asked Prime Minister Modi to take a cue from the foresight shown by former PMs Jawaharlal Nehru and Indira […]

Jet Airways employees seek Prez’s intervention for salary dues, emergency funds to airline

New Delhi, Apr 20: Employees of Jet Airways have written to President Ram Nath Kovind and Prime Minister Narendra Modi seeking their intervention to recover outstanding dues as well as to expedite the process of emergency funds for the airline, which has shuttered its operations temporarily. Cash-starved Jet Airways, […]

Jet Airways operating 5 planes, seeks emergency funds: Kharola

New Delhi, Apr 16: Jet Airways has sought emergency funds from banks and is currently operating only five planes, Civil Aviation Secretary Pradeep Singh Kharola said Tuesday. The cash-strapped airline has already suspended its international operations till April 18. Separately, the civil aviation ministry would convene meetings of representatives […]

Jet Airways shares tumble 7 pc

New Delhi :  Shares of crisis-hit Jet Airways plunged nearly 7 per cent Wednesday after the company grounded six more planes due to non-payment of lease rentals. The stock tumbled 6.59 per cent to Rs 213.95 on BSE. On NSE, shares cracked 6.93 per cent to Rs 213.35. As […]

Jet pilots threaten to stop flying from Apr 1, set Mar 31 deadline on bailout, salaries

Mumbai, Mar 19: The umbrella body of the domestic pilots of the nearly crippled Jet Airways Tuesday threatened to stop flying from April 1, if the resolution plan is delayed and salary dues are not cleared by the end of this month. The decision was taken at the annual […]

Jet Airways grounds two more planes, takes total to 21

India’s Jet Airways Ltd said on Friday it grounded two more aircraft as the carrier failed to make payments to its lessors, taking the total number to 21. On Thursday, two sources with direct knowledge of the matter told Reuters that the cash-strapped carrier’s founder, Naresh Goyal, had […]

Jet Airways says actively engaged with aircraft lessors

New Delhi, Jan 30: Jet Airways is actively engaged with all its aircraft lessors and are being updated about efforts to improve liquidity, the airline said Wednesday amid flight cancellations due to grounding of aircraft. The crisis-hit carrier also said that flight cancellations were necessitated due to a scheduled […]

Jet Airways shares sink over 8% amid uncertainty over open offer

New Delhi :  Shares of Jet Airways came under selling pressure Wednesday and slumped over 8 per cent amid uncertainty over an open offer. The scrip tanked 8.28 per cent to Rs 270 on BSE. On NSE, shares of the company cracked 8.39 per cent to Rs 269.05. According […]

Jet Airways shares slump 7%

New Delhi : Shares of Jet Airways slumped 7 per cent Monday after Tata Sons said no concrete “proposal” had been made by the group so far for acquiring the beleaguered carrier. The stock dropped 6.88 per cent to settle at Rs 323 on BSE. During the day, it […]

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