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Jet does not see big revenue fall due to US downgrade

Last Updated: Tuesday, February 11, 2014, 10:14

Jet Airways, the country's No.2 carrier by domestic market share, said on Monday it did not expect a big fall in revenue due to a recent rating downgrade of India's aviation safety by the United States.

Will quash Jet-Etihad deal if there are irregularities: SC

Last Updated: Friday, December 06, 2013, 17:17

Jet Airways had on April 24 announced plans to sell 24 percent equity to Etihad Airways for about Rs 2,058 crore.

India`s Jet Airways closes stake sale to Etihad

Last Updated: Wednesday, November 20, 2013, 19:33

Jet in April announced the $335-million plan to sell the stake to Etihad, taking advantage of government moves a year ago to open up the aviation sector to foreign investment.

Rs 2,069 crore Jet-Etihad deal finally takes off

Last Updated: Wednesday, November 20, 2013, 16:44

The announcement came after a board meeting of the Indian private airline at the Jet headquarters here this afternoon, which lasted for over an hour.

Cabinet approves AI restructuring, FDI in aviation deferred

Last Updated: Thursday, April 12, 2012, 09:18

In a big boost to ailing Air India, the government on Thursday approved a turnaround plan (TAP) to restructure the operations and the finances of the cash- strapped carrier, including infusion of additional equity.

Cabinet may consider FDI by foreign airlines before budget

Last Updated: Tuesday, January 31, 2012, 19:42

Currently, foreign airlines are not allowed to directly invest in Indian carriers for security reasons.