etihad airways
Jet Airways grounds its operations in Abu Dhabi Airport
Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
Naresh Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may ground Jet
Goyal said the airline has also secured the go-ahead from the aviation ministry to pledge its shares for securing the interim funding.
Jet Airways founder agrees to step down, sources say; shares rise
Shares of Jet rose as much as 7 per cent in early trade on Friday.
Jet Airways, Etihad Airways say Jet will re-emerge as viable, robust airline
Jet Airways has been grappling with financial woes and is looking to rejig debt as well as raise funds.
Shareholders of Jet Airways approve debt-for-equity swap
Jet’s board last week approved a plan by lenders, led by State Bank of India, for an equity infusion, debt restructuring and the sale.
Jet Airways likely to get over Rs 3,000 cr funds
Abu Dhabi-based Etihad, is a strategic partner and is expected to pump in around Rs 1,400 crore.
SBI set to own 15 pc of Jet Airways after debt for equity swap: reports
Jet Airways would seek a shareholder nod next month to convert existing debt into equity,
Sebi says no reference received on relaxing rules in Jet Airways matter
Jet Airways is looking to raise fresh funds, including from strategic partner Etihad.
SBI chief to seek open offer exemption for Etihad Airways
Banking sources divulged that Etihad was unwilling to pay beyond Rs 150 per share for the cash-strapped Jet Airways.
Etihad offers to invest in Jet Airways at 49 per cent discount: report
Etihad is required to make an open offer to shareholders for a majority of the shares once its stake goes past 25 per cent.