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Timeline: Debt-laden Jet Airways" rocky ride

Jet Airways Ltd , India's biggest full-service carrier, has been under dark clouds for the most part of the past year, and several efforts are on to save the sinking airline......»»

Category: topSource: reutersJan 11th, 2019

India minister says confident Jet Airways" problems will be solved

India's new civil aviation minister said on Friday he is confident that problems at grounded Jet Airways Ltd will be solved, in the government's first comments on the debt-laden carrier since it was reelected last month......»»

Category: topSource: reutersJun 14th, 2019

India"s Jet Airways sees management exodus as rescue hopes dim

The chief executive and two other senior figures at Jet Airways have quit, the Indian company said on Tuesday, further eroding any hopes of a rescue of the debt-laden carrier that grounded operations last month......»»

Category: topSource: reutersMay 14th, 2019

India"s Jet Airways loses two top executives as rescue hopes dim

The chief executive and head of finance at Jet Airways have both quit, the Indian company said on Tuesday, further eroding hopes of a rescue of the debt-laden carrier that grounded operations last month......»»

Category: topSource: reutersMay 14th, 2019

India sees little scope for Jet Airways revival: government sources

The Indian government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, which halted operations last month, two senior finance ministry officials said......»»

Category: topSource: reutersMay 5th, 2019

"Can"t sleep at night": Despair over jobs as India"s Jet Airways grounded

Bhoja Poojari has handled baggage for India's Jet Airways Ltd since it began flying nearly 26 years ago. Now, like many other Jet employees, he fears for the future as the debt-laden airline descends into crisis......»»

Category: topSource: reutersApr 18th, 2019

Jet Airways management proposes to halt all operations: ET Now

The management of India's Jet Airways has proposed to suspend all operations of the debt-laden airline at its board meeting, ET Now reported on Tuesday quoting sources......»»

Category: topSource: reutersApr 16th, 2019

Jet Airways pilots defer strike before crunch creditors meeting: report

Pilots at India's Jet Airways have been told by their union to put off a planned strike to give its management and key lender State Bank of India time to strike a deal to keep the debt-laden airline flying, ANI reported on Sunday......»»

Category: topSource: reutersApr 14th, 2019

Over 1,000 Jet Airways pilots not to fly from Monday due to unpaid salaries

More than a thousand pilots of India's debt-laden Jet Airways will not fly from Monday as they have not been paid salaries for the past three months, President of the National Aviators Guild said on Sunday......»»

Category: topSource: reutersApr 14th, 2019

The downfall of Jet Airways: How India"s premium airline crumbled

In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them there was a plan to rescue the debt-laden carrier so it could pay them, sources familiar with the matter said......»»

Category: topSource: moneycentralApr 9th, 2019

India"s Jet grounds three-fourths of fleet as it awaits bailout funds

India's Jet Airways has been forced to ground more than three quarters of its fleet after failing to pay lessors, as the debt-laden carrier struggles to secure bailout funds promised by state-run banks......»»

Category: topSource: reutersApr 3rd, 2019

India"s Jet grounds more planes as it seeks access to bailout funds

India's Jet Airways said it has grounded more planes after failing to pay lessors, as the debt-laden carrier - which also owes salaries to pilots and crew - works to secure bailout funds promised by state-run banks......»»

Category: topSource: reutersApr 3rd, 2019

Jet Airways now operating only 41 aircraft, could reduce further: regulator

India's aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalize a rescue deal with lenders and its major shareholder Etihad Airways......»»

Category: topSource: reutersMar 19th, 2019

India"s Jet Airways denies report of new $293 mln loan from PNB

India's debt-laden Jet Airways Ltd denied a media report on Monday that it had secured a 20.50 billion rupee ($293 million) loan from state-owned Punjab National Bank (PNB) to help pay overdue plane leasing fees and salaries......»»

Category: topSource: reutersMar 11th, 2019

India"s Jet Airways secures $293 million loan from PNB: Mint

Shares of Jet Airways Ltd rose as much as 4.8 percent to 255 rupees, the highest in over a month, after a report said the debt-laden carrier has secured a loan of 20.50 billion rupees ($293.07 million) from Punjab National Bank......»»

Category: topSource: reutersMar 11th, 2019

Jet Airways to stop free meals for most domestic economy passengers

Jet Airways Ltd , India's biggest full-service carrier, will stop providing free meals to most domestic economy class passengers from January, in the debt-laden airline's latest move to cut costs and boost revenues......»»

Category: topSource: reutersDec 3rd, 2018

Debt-Laden Americans Flee Country To Escape Crushing Student Loans 

Faced with crushing student loans and little ability to repay them, some Americans have taken to fleeing the country in order to escape their debt, according to CNBC's Annie Nova. "It’s kind of like, if a tree falls in.....»»

Category: blogSource: zerohedgeMay 31st, 2019

Uber hits the skids in rocky stock market debut

Shares of Uber ended their first day of trading with a rare drop of 7.6% as investors questioned the value of a company that's lost $8 billion since it created the ride-sharing industry and a stock debut during the worst week for global stocks this year......»»

Category: videoSource: reutersMay 10th, 2019

Lyft posts strong growth but big losses in first public quarter

Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut. .....»»

Category: personnelSource: nytMay 7th, 2019

Lyft posts strong growth but big losses in first public quarter

Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut. .....»»

Category: personnelSource: nytMay 7th, 2019

Lyft posts strong growth, big losses in first public quarter

Ride-hailing company Lyft is reporting strong revenue growth but substantial losses in its first quarterly earnings report since its rocky stock market debut......»»

Category: topSource: foxnewsMay 7th, 2019