Jet Airways
Jet flyers propose ‘Roja’ revival plan with airline staff
06 May 2019
While the Revival of Jet Airways’ plan involves raising Rs20,000 crore through loans to employees, ticket sales and issue of preferential shares to frequent flyers, Rs8,000 of it has to still come from lenders
Jet employees propose Rs7,000-cr bailout for grounded carrier
30 Apr 2019
As things stand, there are four bidders, including Etihad (which holds 24 per cent in Jet Airways) who are keen to acquire the company and with the bidding process set to conclude on 10 May, there are concerns that the lenders may have to take a large haircut on their Rs8000-crore exposure
Lenders look to investors to bail out grounded Jet Airways
18 Apr 2019
The airline’s closure put at risk 22,000 jobs, including engineers and pilots who were denied salary for months together
Jet Airways may halt services temporarily, say reports
16 Apr 2019
Jet Airways founder Naresh Goyal, who stepped down as chairman of the carrier early last month, has decided not to bid for acquiring stake in the cash-strapped airline
Six bidders express interest in Jet Airways
09 Apr 2019
Buy-out firms such as TPG Capital, KKR and Blackstone and international airlines such as Lufthansa, Singapore Airlines and Delta-Air France-KLM are among the entities are believed to have shown interest in the airline