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  Jet Airways shares continue to face massive selling pressure; tumble over 18 per cent

  Business | June 17, 2019 12:44 IST

  The scrip which has been tumbling for the 11th consecutive day further plummeted 18.28 per cent to hit a multi-year low of 67.05 on the BSE.  

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  Aviation Minister offers hope as Jet Airways sinks deep

  Business | June 14, 2019 22:24 IST

  The statement has come days after a section of Jet Airways staff claimed to have received assurance from the Minister for taking measures to resuscitate the carrier.  

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  Jet Airways shares continue downward trend, tank 15% after stock exchanges impose restrictions

  Business | June 14, 2019 13:20 IST

  The cash-starved company suspended operations in April and lenders are working on ways for revival of the airline. 

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  Jet stocks plunge 16% as surveillance measures to kick in soon

  Business | June 13, 2019 19:39 IST

  After hitting an all-time low of Rs 84.80 per share, Jet Airways' scrips closed 16 per cent lower on Thursday, a day after the exchanges decided to shift the security from Rolling Segment to Trade for Trade Segment.

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  Jet Airways shares tank over 23% after bourses announce trading restrictions

  Business | June 14, 2019 12:51 IST

  Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular.

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  NIA court sentences Jet Airways hijacking case accused to life imprisonment

  India | June 11, 2019 22:35 IST

  Out of the fine amount, each pilot will get compensation of Rs. one lakh, each air hostess will get Rs. 50,000 and each passenger will be paid Rs. 25,000 for misery undergone by them.

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  Two operational creditors take Jet to NCLT, hearing on June 13

  India | June 10, 2019 18:27 IST

  The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on June 13 when it will decide on admitting or rejecting the bankruptcy pleas.

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  It's now Jet versus Jet as endgame nears

  Business | June 08, 2019 16:53 IST

  Even as the lenders and the employees hope against hope and expect a white knight to rescue the grounded Jet Airways, the airline's promoter Naresh Goyal, now deboarded from the pilot seat, knew weeks back that it was time to abandon the sinking ship.

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  Jet failure a 'wake up call'; part of blame on policymakers too: Ajay Singh

  Business | June 04, 2019 12:16 IST

  Noting that the grounding of Jet Airways was "very sad", Ajay Singh said that internal factors and high costs were among the reasons for its failure

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  Former Jet Airways promoter Naresh Goyal barred from leaving India, offloaded from London flight

  India | May 25, 2019 20:06 IST

  Former Jet Airways chief promoter Naresh Goyal and his wife Anita were offloaded from a London-bound flight and barred from leaving India this morning by immigration officials, sources said here on Saturday.

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  Virgin Atlantic to resume Mumbai-London flight from Oct 27

  Business | May 21, 2019 20:15 IST

  British carrier Virgin Atlantic Tuesday announced the resumption of its daily services to the city from London's Heathrow, starting October, after discontinuing its flights to the city four years back.

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  Jet Airways shares soar 15% on Hinduja stake buy buzz

  Business | May 21, 2019 19:40 IST

  Shares of grounded Jet Airways surged nearly 15 per cent on Tuesday after diversified Hinduja Group said it is evaluating the opportunity to invest in the airline.

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  Turbulence continues: Jet Airways employees protest over job loss probability, seek help from Aviation Ministry

  Business | May 21, 2019 12:24 IST

  A Jet insider now estimates that the staff strength of the airline could have come down by half in over one month.

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  Setback for IndiGo, Jet's unused flight quota to be shared equitably

  Business | May 18, 2019 0:01 IST

  Unimpressed by IndiGo's suggestion to allot grounded Jet Airways' unused slots in proportion to the fleet size of rival carriers, the government has decided to give higher seat quota on foreign routes to the carriers launching flights on unserved sectors or those witnessing spike in air fares.

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  Jet Airways' deputy CEO and CFO Amit Agarwal quits

  India | May 14, 2019 10:33 IST

  Around mid-April due to acute liquidity crisis, the airline temporarily seized operations. Most of the airline's board members have also quit in the last one month.

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  Etihad, two others submit financial bid for Jet Airways

  Business | May 10, 2019 22:30 IST

  The State Bank of India-led consortium of lenders to Jet Airways Friday said it has received bids from Etihad Airways and from a few unsolicited parties to acquire stake in the grounded airline.  

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  SFIO probe likely into Jet Airways' 'fund diversion'

  Business | May 09, 2019 20:11 IST

  In Jet Airways' preliminary probe, Registrar of Companies RoC (Mumbai) told the MCA that it has found violation of Companies Act and unaccounted investments, official sources said, adding the natural way forward is an SFIO probe .   

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  Capacity constraint slows India's air passenger traffic growth

  India | May 09, 2019 10:51 IST

  According to the International Air Transport Association (IATA), India's domestic air passenger volume -- measured in revenue passenger kilometres (RPKs) grew at 3.1 per cent in March, down from February's growth of 8.3 per cent and well off the torrid five-year average growth pace of close to 20 per cent per month.

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  HDFC to auction Mumbai-based prime office property of Jet Airways

  India | May 08, 2019 21:41 IST

  HDFC, one of the lenders to the now-grounded Jet Airways has decided to put Mumbai-based prime office property of Jet Airways on sale airline failed to repay Rs 415 crore in April, a media report said.

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  'Hope the blazing sun reappears from behind the dark clouds': Naresh Goyal's emotional letter to Jet employees

  India | May 07, 2019 21:15 IST

  Jet Airways' ex-Chairman Naresh Goyal has penned another emotional letter to employees, reigniting hopes of reviving the now defunct airline.