Tag Archives: Jet Airways

Etihad puts riders for fund infusion, Jet revival an uphill task

New Delhi, Attaching too many riders for infusing funds into grounded Jet Airways, the Abu Dhabi-based Etihad has put the onus of reviving the airline on lenders led by State Bank of India (SBI). Besides offering a meagre fund infusion …

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Lesser known firms line up to board Jet

New Delhi, While a clutch of investors and lesser-known entrepreneurs on Wednesday claimed to have sent their bids for the grounded Jet Airways, industry insiders say they could be either non-serious players or acting as front for others. “Either they …

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Union threatens industrial action over Jet issue

Mumbai, Even as now grounded Jet Airways completes its 26th anniversary, Shiv Sena affiliated Bharatiya Kamgar Sena has threatened industrial action at the Mumbai airport if the airline’s employees are not paid their due salaries. According to the union, the …

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‘Roja’ plan for Jet revival involving staff, frequent flyers

New Delhi, After a section of employees floated the proposal to take over management control of the grounded Jet Airways and arrange up to Rs 3,000 crore from external investors, a group of frequent flyers of the cash-strapped airline has …

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Jet staff confident of securing Rs 3,000 cr fund, seek SBI nod to bid

New Delhi, Sensing the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of employees and external investors to bid for the management …

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Jet scrip up 10% over slot protection assurance

Mumbai,Bucking the trend seen in the past three sessions after the “temporary” grounding of the Jet Airways, scrips of the cash-strapped airline finished Tuesday’s trade nearly 10 per cent higher after gaining up to 12 per cent. This comes as …

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Jet executives meet Jaitley, urge salary payment

New Delhi, Senior executives of grounded Jet Airways met the Union finance minister Arun Jaitley on Friday and requested him to direct the banks to release at least one month’s salary. Jet has not paid salaries of a large number …

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Jet pilot shoots tough questions at management

New Delhi, An old-timer and veteran Jet Airways pilot Sudhir Gaur has blamed the management for keeping 22,000 employees in the dark over the turn of events that led to complete suspension of the airline’s operations leaving the staff in …

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Jet issues gag order, fearing impact on stake sale

New Delhi,  The grounded Jet Airways has issued a gag order to its employees advising them to refrain from speaking with external stakeholders. An internal mail accessed by IANS suggests that talking with external stakeholders especially the media might impact …

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Jet saga: Airlines asked to advance fleet induction

New Delhi, A day after Jet Airways temporarily suspended all flights, the government on Thursday asked domestic airlines to advance their aircraft induction plans for capacity augmentation and to keep air fares in check. Apart from fleet induction, the Ministry …

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