Jan 14, 2015 at 15:39 | Source: Firstpost.com
But one thing is clear: whether he remains at the helm or goes, his era is over. The airline business is not for people with very little capital and only crony power to sustain them. Goyal reigned in an era of crony power in civil aviation, and that era has, more or less, come to an end.
Jan 13, 2015 at 22:10 | Source: PTI
The airline has not stated how much money it has borrowed from PNB nor could be reached for comments. The bank also could not be reached for comments immediately.
Dec 11, 2014 at 11:59 | Source: Moneycontrol.com
Shares in Naresh Goyal Jet Airways have soared about 77 percent in 13 trading sessions, from a low of Rs 253 to Rs 447 currently, amid expectations it would be a likely beneficiary if troubled rival SpiceJet were to collapse.
Dec 03, 2014 at 12:34 | Source: Moneycontrol.com
Naresh Goyal-controlled Jet Airways gained about 1 percent in afternoon trading after it said it had begun to formally discontinue its low-cast arm JetLite and would roll out full service products across all routes on its domestic network.
Oct 09, 2014 at 15:33 | Source: PTI
Initially, six airlines will participate in the new partnership - airberlin, Air Serbia, Air Seychelles, Jet Airways, Darwin Airline and Etihad Airways. However, any airline can become an Etihad Airways Partner even if it is part of an existing alliance
Aug 11, 2014 at 20:21 | Source: CNBC-TV18
In the first quarter, the airline has posted a net loss of Rs 217 crore- this is lower than the Rs 355 crore loss recorded a year ago.
Jul 23, 2014 at 14:53 | Source: PTI
"We plan to reduce losses in 2015, consolidate in 2016 and turn profitable in 2017.... We are already on track as our international business has turned profitable. We now have to take our business forward," Jet's CEO designate Cramer Ball told a press conference here.
Jul 23, 2014 at 12:53 | Source: CNBC-TV18
Airline to start non-stop frequent flights to Middle East and SAARC countries. There are also plans to ramp up the long haul non-stop flights to Europe.
Jun 19, 2014 at 13:43 | Source: PTI
The deal, which involves purchase of a 24 percent stake in Naresh Goyal-led Jet for about Rs 2,060 crore by Etihad and other tie-ups, has been going through turbulent times ever since it was announced more than a year ago in April 2013.
Jun 01, 2014 at 16:27 | Source: PTI
Jet was earlier planning to induct these wide-bodied planes, which are on lease with Turkish Airlines and will be coming back by October this year on completion of the lease period.