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Jet Airways (India) Ltd (JET.NS)

JET.NS on National Stock Exchange of India

218.55INR
20 Mar 2019
Change (% chg)

Rs-10.70 (-4.67%)
Prev Close
Rs229.25
Open
Rs215.00
Day's High
Rs224.65
Day's Low
Rs213.35
Volume
13,362,607
Avg. Vol
13,225,565
52-wk High
Rs689.75
52-wk Low
Rs162.80

Latest Key Developments (Source: Significant Developments)

India Finmin Source Says~ Creditors Trying To Revive Jet By Changing Management
Wednesday, 20 Mar 2019 

March 20 (Reuters) - India finance ministry source says: :CREDITORS TRYING TO REVIVE JET AIRWAYS BY CHANGING MANAGEMENT.BANKS TRYING TO PROTECT CONSUMER, LENDERS INTEREST.  Full Article

State Bank Of India Official Says Should Have Final Resolution On Jet In A Week
Friday, 15 Mar 2019 

March 15 (Reuters) - State Bank Of India Official ::SAYS VERY SOON WE WILL HAVE SOME FINAL SOLUTION ON JET.SAYS THERE IS A BANK LED EFFORT THAT THE RESOLUTION PLAN HAPPENS; STARTED THIS EFFORT ON NOV 1.SAYS "IF WE ARE MAKING EFFORT LED BY SBI ONE THING HAS TO BE CLEAR, IT IS BY DESIRE THAT THIS AIRLINE KEEPS RUNNING".SAYS IN NEXT ONE WEEK SHOULD HAVE A FINAL RESOLUTION ON JET.  Full Article

India's Jet Airways Says Media Reports Indicating DGCA Asked Co To Stop Accepting Advance Bookings Is Factually Incorrect - Tweet
Thursday, 14 Mar 2019 

March 14 (Reuters) - Jet Airways (India) Ltd ::JET AIRWAYS SAYS MEDIA REPORTS INDICATING DGCA ASKED CO TO STOP ACCEPTING ADVANCE BOOKINGS IS FACTUALLY INCORRECT, THERE IS NO SUCH PROPOSAL - TWEET.  Full Article

India Govt Official Says Grounded MAX 8 Planes As Responses By Boeing,FAA Unsatisfactory
Wednesday, 13 Mar 2019 

March 13 (Reuters) - DGCA Director, B.S. BHULLAR Says::SAYS LIFTING THE RESTRICTION ON B737 MAX WILL BE DECIDED ON INPUTS FROM GLOBAL REGULATORS AND AIRCRAFT MANUFACTURERS.IN TOUCH WITH SUPPLIERS, OTHER REGULATORS, HAVE PUT IN PLACE MORE SAFETY MEASURES.ASKED AIRLINES TO KEEP FARES AT REGULAR LEVELS.NO QUESTION OF FUTURE DELIVERIES OF MAX 737 UNTIL WE ALLOW THEM TO FLY IN INDIAN SKIES.GROUNDED PLANES BECAUSE RESPONSES BY BOEING AND FAA NOT SATISFACTORY TO KEEP PLANES FLYING.  Full Article

Jet Airways Says Delay In Part Repayment Of ECB Due March 11
Monday, 11 Mar 2019 

March 11 (Reuters) - Jet Airways (India) Ltd ::JET AIRWAYS- PART REPAYMENT OF EXTERNAL COMMERCIAL BORROWING AVAILED FOR WORKING CAPITAL PURPOSES, FALLING DUE ON 11 MARCH 2019, HAS BEEN DELAYED.JET AIRWAYS- DELAY DUE TO TEMPORARY LIQUIDITY CONSTRAINTS.  Full Article

India Aviation Secy Says DGCA Informed About Grounding Of Jet Airways' Aircraft - CNBC TV18 Citing Newsrise
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - India Aviation Secretary::INDIA AVIATION SECY SAYS DIRECTORATE GENERAL OF CIVIL AVIATION INFORMED ABOUT GROUNDING OF JET AIRWAYS' AIRCRAFTS - CNBC TV18 CITING NEWSRISE.INDIA AVIATION SECY SAYS JET AIRWAYS GROUNDED 'SIGNIFICANT' NUMBER OF AIRCRAFT - CNBC TV18 CITING NEWSRISE.  Full Article

Jet Airways (India) Says Co Continues To Make Steady Progress On Financial Turnaround
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Jet Airways (India) Ltd ::SAYS CO "CONTINUES TO MAKE STEADY PROGRESS ON ITS OPERATIONAL AND FINANCIAL TURNAROUND"."REMAIN CONFIDENT OF DELIVERING A MORE STRATEGIC, EFFICIENT AND FINANCIALLY VIABLE AIRLINE".  Full Article

Jet Airways Board Approves Draft Resolution Plan
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Jet Airways ::DRAFT RESOLUTION PLAN PRIMARILY COMPRISING INFUSION OF FUNDS, RESTRUCTURING OF DEBTS AND MONETIZATION OF ASSETS APPROVED BY BOARD.THE INDIAN BANKS LED BY STATE BANK OF INDIA INITIATED COMPREHENSIVE RESOLUTION PLAN UNDER RBI CIRCULAR DATED 12TH FEBRUARY.STAKEHOLDERS ACTIVELY ENGAGED IN PROCESS OF FINALIZING RESOLUTION PLAN, SEEK REQUIRED APPROVALS, PROVIDE CONSENT PRIOR TO IMPLEMENTATION.CO HAS NEGATIVE NET WORTH OF 103.70 BILLION RUPEES AS AT END DEC.JET AIRWAYS INDIA AUDITOR SAYS CO INCURRED LOSS OF 32.08 BILLION RUPEES IN 9-MONTH ENDED DEC 31, CURRENT LIABILITIES EXCEEDS CURRENT ASSETS BY 96.10 BILLION RUPEES.  Full Article

Jet Airways India Posts Dec-Qtr Net Loss
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - Jet Airways (India) Ltd ::DEC QUARTER NET LOSS AFTER TAX 5.88 BILLION RUPEES VERSUS PROFIT 1.65 BILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 61.48 BILLION RUPEES VERSUS 60.86 BILLION RUPEES LAST YEAR.  Full Article

Jet Airways Says Resolution Plan To Be Implemented Once Agreed To, Approved By All Stakeholders
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Jet Airways ::WORKING ON A COMPREHENSIVE RESOLUTION PLAN AS PREVIOUSLY STATED.RESOLUTION PLAN TO BE IMPLEMENTED ONCE AGREED TO AND APPROVED BY ALL STAKEHOLDERS.  Full Article

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Key Jet Airways lender SBI says bankruptcy 'last option', rescue almost ready

NEW DELHI Bankruptcy is the "last option" for Jet Airways, State Bank of India's (SBI) chairman said on Wednesday, adding that it might still be possible to draft in a new investor to keep the airline flying.