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.
May 28, 2014 at 09:53 | Source: Moneycontrol.com
It said "tough decisions (have been) taken to clean up balance sheet and lay foundations for healthy financial future", while steps are being taken for new network and fleet plans along with "significant product enhancements".
May 26, 2014 at 10:29 | Source: PTI
When contacted, a Jet Airways spokesperson said salaries are disbursed as per a pre-determined schedule
Mar 11, 2014 at 18:08 | Source: PTI
Etihad has told Sebi that it has not violated any securities law by not making an open offer, the capital market regulator is now seeking further clarity on the issue from other agencies including fair trade watchdog CCI, Finance Ministry and Aviation Ministry, sources said.
Feb 10, 2014 at 22:28 | Source: PTI
The airline has already received sanction from one of the West Asian banks for USD 150 million ECB for which Jet has approached the RBI for its nod, he said. Abu Dhabi-based Etihad Airways invested Rs 2,057 crore for a 24 percent stake in the Naresh Goyal-led carrier in November last.
Feb 06, 2014 at 10:32 | Source: Moneycontrol.com
CCI said that the deal was unlikely to have any adverse impact on market competition, as Etihad's purchase of 24 percent stake in Naresh Goyal-led Jet Airways has already been approved and the two carriers were already partners in their respective frequent flyer programmes.
Feb 05, 2014 at 21:51 | Source: PTI
Clearing the transaction by majority, CCI said that the deal was unlikely to have any adverse impact on market competition, as Etihad's purchase of 24 per cent stake in Naresh Goyal-led Jet Airways has already been approved and the two carriers were already partners in their respective frequent flyer programmes.