Recently, three parties showed interest in reviving debt-ridden Jet Airways, and no, none of them was Etihad, which holds a 24% stake in the airline.
Naresh Goyal
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Aviation
Jet Airways founder Naresh Goyal refused permission to travel overseas
Delhi High Court said if Goyal wants to travel to a foreign country he has deposit a $2.62bn guarantee
Cash-strapped Jet Airways
Indian officials block former Jet Airways chairman Goyal from overseas travel
Naresh Goyal, former chairman of grounded Jet Airways and his wife were stopped from boarding a flight to Dubai on his way to London
Abu Dhabi
With bidders shortlisted, what’s next for India’s Jet Airways?
SBI Capital, which is overseeing the sale process of Jet Airways, scotched reports about new investors showing interest in acquiring the airline
Aviation
In pictures: What has gone wrong with India’s Jet Airways?
Here’s a look at where it all went wrong for the Etihad-backed troubled Indian carrier Jet Airways, the country’s oldest surviving private airline.
Aviation
Five things that went wrong for India’s Jet Airways
As Jet Airways seeks an immediate injection of $57.5m to continue its few remaining services, here’s a look at where it all went wrong for the Indian carrier
Etihad Airways
Stricken Jet Airways lenders to decide on emergency cash
Thousands of passengers have been stranded in recent days after the airline, which has debts of more than $1bn, cancelled all international flights as it cannot pay its bills
Aviation
India’s Jet Airways grounds 15 more aircraft as crisis deepens
Debt-ridden Indian airline takes decision to ground more planes due to non-payment of fees to lessors
Aviation
State Bank of India seeks investors for troubled Jet Airways
Etihad Airways’ stake in Jet Airways could come down to 12%
Aviation
Founder of India’s Jet Airways quits as crisis grows
Etihad Airways nominee Kevin Knight has also resigned from the Jet Airways board
Abu Dhabi
Crisis at India’s Jet worsens as it grounds more planes, faces strike
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
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
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
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
Aviation
Etihad-backed Jet Airways eyes lifeline with bailout plan
Proposed bailout will revamp Mumbai-based carrier which needs $1.2bn to help it get back on its feet
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 mulls options over $1.2bn debt
One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airways