Jet Airways Shares News

Companies

Financial results for June quarter not yet prepared: Jet Airways’ RP

The affairs of Jet Airways are now being managed by resolution professional Ashish Chhawchharia under the insolvency lawChhawchharia said prior to the commencement of the resolution process, directors, CEO, CFO, company secretary and other top management personnel had resigned from the company

1 min read16 Aug 2019
Companies

Jet Airways seeks shareholder nod to convert loan into shares

Jet Airways wants to convert existing debt into shares or convertible instrumentsThe airline also seek approval for their lenders to appoint a nominee director to the board

1 min read28 Jan 2019
Companies

SBI says lenders in talks for resolution plan for Jet Airways

The SBI statement comes a day after Jet Airways said discussions were progressing well with stakeholders on a comprehensive resolution plan

1 min read17 Jan 2019
Companies

Jet Airways seeks to rework vendor contracts to cut costs

Jet Airways is in talks to defer or reduce payments to vendors including aircraft lessors and those providing engineering, spare parts, credit card and airport services

2 min read8 Jan 2019
Market

Jet Airways shares fall 7% on interest payments delay, ratings downgrade

Jet Airways shares plunge 7% after the airline said it has delayed its interest payment to a consortium of lenders led by the State Bank of India due to cash flow issues

1 min read2 Jan 2019
Companies

Jet Airways defaults on debt payment to banks

Jet Airways said the payment of interest and principal instalment was delayed due to temporary cash flow mismatch and the company is in talks with the consortium

1 min read2 Jan 2019
Companies

Jet Airways board holds meeting to discuss fundraising

At an unscheduled board meeting at Jet Airways headquarters in Mumbai, which lasted for over four hours, various cost-reduction measures also came up for discussions

1 min read22 Dec 2018
Companies

Jet Airways gains amid reports of board meet to discuss fundraising

According to the reports, the board meeting might discuss fundraising initiatives, as the carrier is grappling with significant financial distress in the face of three back-to-back quarterly losses.

1 min read20 Dec 2018
Companies

Jet Airways cuts base fares by up to 30% for 7 days. Check details here

The seven-day offer, is applicable to both business and economy class bookings as well as for some of the codeshare flights operated by Jet Airways' partner airlines

1 min read6 Dec 2018
Companies

Jet Airways withdraws lounge access for economy-class fliers

Jet Airways has temporarily suspended its complimentary lounge services to JetPrivilege platinum and gold members travelling in the economy class in a bid to cut costs

1 min read24 Nov 2018
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