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Jet Airways Ltd News

14 Jun 2019

Civil aviation minister says confident Jet Airways' problems will be solved

Massive debt and suffocating price competition forced what was once India`s biggest private-sector airline to halt operations in April at the cost of thousands of jobs, and resulting in higher airfares across the industry.

Jet Airways Ltd

28 Nov 2018

Naresh Goyal will sell controlling stake in Jet Airways: Report

The carrier`s financial woes have been worsened by rising crude oil prices and intense pricing competition in the domestic aviation industry.

Jet Airways Ltd

06 Aug 2018

Jet Airways refutes reports of stake sale

The company, part owned by Etihad Airways, had net debt of 81.5 billion rupees as of end-March.

Jet Airways Ltd

03 Aug 2018

Jet Airways warns staff time and funds are running out

Pilots who have refused a proposed 15 percent pay cut for two years had been informed that the airline was running out of time to slash costs and raise revenue.

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