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Jet Airways (India) Ltd (JET.NS)

JET.NS on National Stock Exchange of India

42.70INR
19 Jul 2019
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Rs-2.20 (-4.90%)
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Latest Key Developments (Source: Significant Developments)

Jet Airways India's Two Independent Directors Resign
Tuesday, 18 Jun 2019 

June 18 (Reuters) - Jet Airways (India) Ltd ::2 INDEPENDENT DIRECTORS RESIGN.SAYS ASHOK CHAWLA, SHARAD SHARMA RESIGN AS INDEPENDENT DIRECTORS.SAYS NO ADDITIONAL DIRECTORS APPOINTED AND PROCESS OF BANK-LED RESOLUTION PLAN NOT MOVING FORWARD.  Full Article

Jet Airways Says Not In Position To Consider, Approve FY Results
Thursday, 30 May 2019 

May 30 (Reuters) - Jet Airways (India) Ltd ::COMPANY IS NOT IN POSITION TO CONSIDER AND APPROVE AUDITED FINANCIAL RESULT FOR YEAR ENDED 31 MARCH 2019.NOT IN POSITION TO APPROVE RESULTS DUE TO ONGOING BIDDING PROCESS BY DOMESTIC LENDERS FOR CHANGE IN MANAGEMENT OF COMPANY.NOT IN POSITION TO APPROVE RESULTS ALSO DUE TO RESIGNATION BY BOARD MEMBERS, KEY MANAGERIAL PERSONNEL, OTHER EMPLOYEES ACROSS FUNCTIONS.  Full Article

Interglobe Aviation Sees 5% improvement in unit revenue going forward
Monday, 27 May 2019 

May 27 (Reuters) - Interglobe Aviation Ltd ::EXEC SAYS INTERNATIONAL FLIGHTS REPRESENTS 20 PERCENT OF TOTAL CAPACITY.EXEC SAYS IMPROVEMENT IN QTRLY RASK PRIMARILY DRIVEN BY HIGHER YIELDS, WHICH OFFSET LOWER LOAD FACTORS.EXEC SAYS DO NOT EXPECT TO PLACE AN ORDER FOR WIDE BODY PLANES IN NEAR TERM.EXEC SAYS SEE 5 PERCENT Y-O-Y IMPROVEMENT IN UNIT REVENUE GOING FORWARD.EXEC SAYS WITH JET SHUTDOWN THERE WAS A FARE INCREASE BUT EXPECT THAT TO END IN JUNE.EXEC SAYS LOT OF IMPROVEMENTS ACHIEVED IN PRATT ENGINE PERFORMANCE IN LAST ONE YEAR.EXEC SAYS ALL OPTIONS OPEN, INCLUDING LOW-COST BUSINESS CLASS, WHEN LOOKING AT LONG HAUL FLIGHTS.EXEC SAYS AS OUR CASH STARTS BUILDING UP, WILL UTILISE SOME OF IT TO BUY PLANES.EXEC SAYS NO DIFFERENCES ON STRATEGY, INTERNATIONAL EXPANSION, MANAGEMENT SELECTION BETWEEN AIRLINE'S TWO PROMOTERS.EXEC SAYS ONLY ONE DIFFERENCE BETWEEN THEM WHICH WE HOPE WILL BE RESOLVED SOON.EXEC SAYS EXPECT TO TAKE DELIVERIES OF 53 NARROW BODY PLANES, 11 ATRS THIS FISCAL.  Full Article

AdiGroup Says Co, Etihad, Hindujas Exploring Ways To Operate Jet Airways Collectively
Thursday, 23 May 2019 

May 23 (Reuters) - AdiGroup::LONDON-BASED ADIGROUP SAYS CO,ETIHAD,HINDUJAS EXPLORING WAYS TO OPERATE JET COLLECTIVELY.ADIGROUP SAYS CO, ETIHAD MADE BIDS FOR INDIA'S JET AIRWAYS.ADIGROUP CHAIRMAN SAYS JET AIRWAYS FOUNDER NARESH GOYAL NOT PART OF CONSORTIUM, WILL BE MINORITY STAKEHOLDER IN JET.ADIGROUP CHAIRMAN SAYS GROUP EXPECTS JET AIRWAYS DEAL TO BE DONE BY END OF MAY.  Full Article

London-Based AdiGroup Says Co, Etihad, Hindujas Exploring Ways To Operate Jet Airways Collectively
Thursday, 23 May 2019 

May 23 (Reuters) - AdiGroup::ADIGROUP SAYS CO,ETIHAD,HINDUJAS EXPLORING WAYS TO OPERATE JET COLLECTIVELY.LONDON-BASED ADIGROUP SAYS CO, ETIHAD MADE BIDS FOR INDIA'S JET AIRWAYS.ADIGROUP CHAIRMAN SAYS JET AIRWAYS FOUNDER NARESH GOYAL NOT PART OF CONSORTIUM, WILL BE MINORITY STAKEHOLDER IN JET.ADIGROUP CHAIRMAN SAYS GROUP EXPECTS JET AIRWAYS DEAL TO BE DONE BY END OF MAY.  Full Article

London-Based AdiGroup Says Co, Etihad, Hindujas Bid For India's Jet Airways On May 9
Thursday, 23 May 2019 

May 23 (Reuters) - LONDON-BASED ADIGROUP::LONDON-BASED ADIGROUP SAYS CO, ETIHAD, HINDUJAS BID FOR INDIA'S JET AIRWAYS ON MAY 9.ADIGROUP CHAIRMAN SAYS JET AIRWAYS FOUNDER NARESH GOYAL NOT PART OF CONSORTIUM, WILL BE MINORITY STAKEHOLDER IN JET.ADIGROUP CHAIRMAN SAYS GROUP EXPECTS JET AIRWAYS DEAL TO BE DONE BY END OF MAY.  Full Article

Jet Airways CEO Vinay Dube Resigns
Tuesday, 14 May 2019 

May 14 (Reuters) - Jet Airways (India) Ltd ::VINAY DUBE, CHIEF EXECUTIVE OFFICER OF COMPANY HAS RESIGNED.DUBE RESIGNED FROM SERVICES OF COMPANY WITH IMMEDIATE EFFECT DUE TO PERSONAL REASONS.  Full Article

India's SBI Chair Says Made Provisions For Essar Steel, Alok Ind, Bhushan Power
Friday, 10 May 2019 

May 10 (Reuters) - State Bank of India Chairman Rajinish Kumar::STATE BANK OF INDIA CHAIRMAN SAYS DOES NOT SEE IMPACT OF "SHADOW OF THE PAST" ON EARNINGS GOING FORWARD.STATE BANK OF INDIA CHAIRMAN SAYS MADE 100 PROVISION FOR THEEE ACCOUNTS - ESSAR STEEL, ALOK INDUSTRIES AND BHUSHAN POWER AND STEEL.STATE BANK OF INDIA CHAIRMAN SAYS NO OTHER EXPOSURE IN AVIATION SECTOR EXCEPT JET AIRWAYS.  Full Article

Etihad Airways Likely To Submit Bid For Jet Airways With Certain Conditions - Sources
Friday, 10 May 2019 

May 10 (Reuters) - :ETIHAD AIRWAYS LIKELY TO SUBMIT A BID FOR JET AIRWAYS WITH CERTAIN CONDITIONS - SOURCES.  Full Article

Jet Airways Says MCA Regional Director Conducted Inspection In Sept 2018
Friday, 10 May 2019 

May 10 (Reuters) - Jet Airways (India) Ltd ::REGIONAL DIRECTOR, WESTERN REGION, MINISTRY OF CORPORATE AFFAIRS IN SEPT 2018, CONDUCTED INSPECTION, SOUGHT CERTAIN DETAILS, DOCUMENTS.CO HAD PROVIDED REQUIRED DETAILS/DOCUMENTS AND NO FURTHER COMMUNICATION HAS BEEN RECEIVED BY THE COMPANY IN THIS MATTER.  Full Article

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Jet Airways' lenders approve interim finance plan for the carrier

MUMBAI Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution experts look to find a potential buyer.