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Jet Airways News
Jet Airways plan to convert debt to equity, another Kingfisher redux?
Tue, Jan 29, 2019
The private carrier on January 1 defaulted in paying interest and instalments on loan repayments due to banks, following which rating agency ICRA downgraded both the short and long-term credit facilities of the airline.
Tata looks to reclaim the skies in Jet stake talks
Thu, Nov 15, 2018
Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways Ltd, a purchase which could transform India's largest conglomerate from airline fringe player into the country's dominant, full-service international carrier.
Jet Airways, IndiGo and SpiceJet share prices crash up to 6% after passenger growth hit 7-month low
Wed, Jun 20, 2018
InterGlobe Aviation, which runs the low-cost airline IndiGo, slipped as much as 5.87 per cent to Rs 1,156, Jet Airways dipped 2.60 per cent to Rs 378.10, while SpiceJet tanked 1.71 per cent to Rs 109.15 on the BSE.