Jet, which employs more than 20,000 people, is facing debts of more than $1bn and has now been forced to ground a total of 78 of its 119 aircraft after failing to pay lenders and aircraft lessors
Indian carrier
Abu Dhabi
Jet Airways suspends flights to Abu Dhabi
A large-scale grounding of its aircrafts directly affects the Mumbai-based carrier’s investment partner, Abu Dhabi-based Etihad Airways
Aviation
Opinion: Jet Airways, a lesson in crisis (mis)management
A failure to prepare staff for the bad times can result in long-lasting damage to a brand
Aviation
India grounds Boeing 737 MAX aircraft
Indian carrier SpiceJet operates 12 Boeing 737 MAX aircraft
Aviation
Video: What is the future of debt-ridden India’s Jet Airways as aircraft grounding continues?
Indian airline Jet Airways is facing serious operational issues, with 25 of its aircraft currently grounded on account of payment defaults to the carrier’s leasing companies.
Aviation
Jet Airways negotiates $300m credit facility
Jet Airways has cancelled numerous flights in the recent weeks, including some operations to Dubai, due to grounding of its aircraft and working capital crunch
Aviation
Etihad-backed Jet Airways cancels Dubai flights
Jet Airways says some cancellations were pre-planned, others were due to technical issues
Aviation
More Jet Airways aircraft grounded as payment issues continue
Jet Airways, in which Abu Dhabi-based Etihad Airways hold 24 percent stake, has a total of 119 aircraft, large majority of which are on lease basis
Abu Dhabi
Jet Airways proposes debt-to-equity swap
Jet Airways said it will convene an EGM on February 21 to seek shareholders’ approval
Aviation
Etihad-backed Jet Airways sees share slump after debt payment failure
Shares in India’s second-largest airline Jet Airways fell 5% on Wednesday after failure to reach agreement with banks
Abu Dhabi
SBI said to appoint EY to carry out forensic audit of Jet Airways
The audit will be on the Indian carrier’s accounts from financial year 2014 till March 2018
Abu Dhabi
Yusuffali says no plans to invest in ailing Jet Airways
Chairman and managing director of UAE-based retail giant Lulu Group International has made investments in two airports in Kerala
Cramer Ball
Former Etihad execs playing key roles in Jet Airways equity talks – report
It was previously reported that Jet chairman Naresh Goyal is willing to hand over “operational reins” to Etihad in exchange for equity and soft loans
Abu Dhabi
India’s Jet Airways in talks with ‘multiple investors’
The airline has downplayed a media report that said it may hand “operational reins” to Abu Dhabi’s Etihad
Abu Dhabi
Indian PM Modi said to approach Tata Group to help rescue Jet Airways
Taking over Jet Airways could give Tata Group’s fledgling aviation business a real shot at dominating the fastest-growing major air-travel market
aircraft fuel cost
Spicejet profit slides on higher fuel costs, drop in rupee
SpiceJet’s aircraft fuel expenses climbed 55.8 in the quarter, but expected an uptick in results in the coming quarters
AirAsia
Tata said to vet Jet Airways books for potential purchase
A successful deal would lead to Tata’s third investment in the nation’s chronically cash-strapped aviation sector