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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

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

Volvo Cars to pay $310 million dividend, second under China"s Geely

Volvo Cars will pay a dividend of 2.9 billion Swedish crowns ($311 million) after record sales in 2018, the company said on Thursday, with almost all of it slated to boost the coffers of its debt-laden Chinese parent Geely......»»

Category: topSource: reutersMar 14th, 2019

India"s top court finds Anil Ambani guilty of contempt in RCom-Ericsson case

India's Supreme Court on Wednesday found Anil Ambani, chairman of debt-laden Reliance Communications (RCom), guilty of contempt of court for wilfully failing to pay 5.5 billion rupees ($77.29 million) to telecom equipment maker Ericsson......»»

Category: topSource: reutersFeb 20th, 2019

Why a Major Indian Airline Is Being Sold for 1 Cent

Debt-ravaged Jet Airways India Ltd., the country’s biggest so-called full-service airline, is selling a majority stake for 1 rupee -- a little more than 1 U.S. cent. It’s part of a bailout plan by its state-owned lenders that will give the airline.....»»

Category: topSource: washpostFeb 18th, 2019

Small-cap stocks shrug off debt concerns, for the moment

Small-cap stocks were among the biggest losers during the stock market's rout late last year as investors worried about high leverage, but they have outperformed in 2019's rebounding market, with shares of debt-laden companies leading the charge......»»

Category: topSource: reutersFeb 5th, 2019

Jet Airways seeks shareholder approval for debt to equity swap

Jet Airways Ltd said on Monday it would seek shareholder approval next month to convert existing debt into equity, part of efforts by the cash-strapped Indian airline to resolve its financing problems......»»

Category: topSource: reutersJan 28th, 2019

The Unicorns Are Coming to Market

Uber, Lyft, and other richly valued start-ups are getting ready to go public, but the ride could be rocky with the Nasdaq selling off......»»

Category: topSource: barronsDec 23rd, 2018

UK to continue to grant contracts to embattled Interserve: FT

Britain's government will continue granting contracts to Interserve Plc as the debt-laden British outsourcing company battles to avoid a Carillion-style collapse, the Financial Times reported on Tuesday......»»

Category: topSource: reutersDec 11th, 2018

China Development Bank to finance eight Airbus aircraft purchases for HNA

The aviation leasing arm of China Development Bank said it will finance eight Airbus A330 purchases for airlines affiliated to debt-laden HNA Group and that the jets will be delivered by the end of 2018......»»

Category: topSource: reutersDec 3rd, 2018

Airbus to resume deliveries to HNA Group after payments dispute

Airbus is poised to resume stalled deliveries of jets to China's debt-laden HNA Group, an Airbus schedule showed on Monday, but deliveries of over $1 billion of large jets remain behind schedule after months of wrangling over late payments......»»

Category: topSource: reutersNov 26th, 2018

Airbus to resume deliveries to HNA Group after payments row

Airbus is poised to resume stalled deliveries of jets to China's debt-laden HNA Group, an Airbus schedule showed on Monday, but deliveries of over $1 billion of large jets remain behind schedule after months of wrangling over late payments......»»

Category: topSource: reutersNov 26th, 2018

Why Investors Are Spooked by GE’s Giant Debt Load

General Electric Co., one of the most storied companies in U.S. history, has had a bumpy ride with its turnaround. The latest challenge for the new chief executive is to calm fears in the credit market after ratings were cut on struggles at the .....»»

Category: topSource: washpostNov 14th, 2018

Major jet maker to cut 5,000 jobs in restructuring

Bombardier Inc. plans to cut about 5,000 jobs while selling its turboprop unit and a training business as Chief Executive Officer Alain Bellemare extends a far-reaching turnaround drive at the debt-laden Canadian aerospace company......»»

Category: topSource: moneycentralNov 8th, 2018

Will the Rocky Ride in Facebook Stock Continue After Earnings?

InvestorPlace - Stock Market News, Stock Advice & Tradi.....»»

Category: topSource: investorplaceOct 24th, 2018

Stocks seesaw as tech sector takes market on rocky ride

Stocks bounced around Wednesday as losses in tech and AT&T shares outweighed a post-earnings bounce in Boeing......»»

Category: topSource: moneycentralOct 24th, 2018

Stocks seesaw as tech sector takes market on rocky ride

Stocks bounced around Wednesday as losses in tech and AT&T shares outweighed a post-earnings bounce in Boeing......»»

Category: topSource: moneycentralOct 24th, 2018

Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch

Uber Technologies envisions taking to the skies with a fleet of food-delivery drones in as little as three years, an ambitious timeline for a ride-hailing company that would face technical challenges and regulatory hurdles......»»

Category: smallbizSource: wsjOct 21st, 2018