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$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business

Jet Airways crisis: Lenders explore ways to use 15 planes, protect...

Banks had rejected emergency funding request of Jet Airways that forced it to ground operations.

19 April 2019 4:22 PM IST

Business

Air India chairman may meet SBI chief over leasing Jet Airways planes

The SBI-led consortium of lenders are now running the Jet Airways under a debt recast plan.

19 April 2019 2:12 PM IST

Business

Mallya asks SBI to disclose 'legal fees' spent to recover funds

Mallya is facing trial for alleged fraud and money laundering amounting to Rs 9,000 crore.

19 April 2019 12:21 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

Business

SBI plans to raise USD 2.5 billion from bonds

The executive committee of the central board will take decision in this regard on April 24, SBI said in a regulatory...

18 April 2019 7:36 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Business

Lessors rush to repossess more Jet planes, even as emergency funds...

Lessors to Jet Airways Ltd have applied to deregister another four Boeing Co 737 planes.

17 April 2019 1:43 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business

Jet Airways faces imminent shutdown without emergency funds: sources

Bankers and an Indian govt official said lenders are trying to line up funds to keep aloft the once-dominant Indian...

17 April 2019 9:53 AM IST

Separately, the civil aviation ministry would convene meetings of representatives of airlines and airports on April 18 to discuss capacity expansion, rising airfares and other issues. (Image: ANI)

India

Jet Airways operating 5 planes, seeks emergency funds from banks

The cash-strapped airline has already suspended its international operations till April 18.

16 April 2019 9:16 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business