Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Jet Airways: meetings with Etihad for the rescue of the carrier

The Abu Dhabi airline asks in return for "full powers" on the company

Etihad Airways is negotiating with Jet Airways to try to create a rescue plan for the Indian company that is 24% owned by the Abu Dhabi's carrier. The managers of the two companies have met several times in recent weeks and -according to the local press- would have had some meetings with Indian banks so that they can find a way to solve the problems related to the cash flow in liabilities, as well...

M/A - 1216723
Abu Dhabi, UAE, 12/05/2018 11:31
AVIONEWS - World Aeronautical Press Agency

AirlinesJet Airways: note about its situation

It denies rumors and speculations appeared in the media

We receive by the carrier Jet Airways and publish the press release issued on the situation of the Indian airline and resolution plan:"We refer to the various media reports concerning a communication alleged... more

AirlinesJet Airways: bank loan to "save" the carrier?

Tomorrow will be a meeting between the company's top management and the debtors

Jet Airways would be very close to sign an agreement with the State bank of India for a new loan of $ 215 million that would allow it to re-enter precious cash at the cash desk, managing to pay back wages... more

AirlinesJet Airways rating downgraded at the defaulted company level

Concrete bankruptcy risk for the carrier

After yesterday the airline Jet Airways asked the creditor banks to postpone the payment of the debt installments due to the absence of liquidity in cash, the shares on the Stock Exchange fell and the... more

Similar

AirlinesGatwick (2). The terminal has also reopened to passengers

The post on X confirms it

The London-Gatwick Airport company has published a post on X that confirms: "The earlier security alert has now been resolved and cleared by police. The South Terminal is reopening to staff and will be... more

AirlinesLOT Polish Airlines adds Malta to its European route network

Inaugural flight in April 2025 four times a week

LOT Polish Airlines, a member of Star Alliance, is continuing the expansion of its European route network and will start serving Malta from Spring 2025. Following the inaugural flight on 16th April 2025,... more

AirlinesEuropean aviation sector calls for dedicated industrial strategy

To help achieve Net‑Zero by 2050

The European aviation industry has sent an open letter to the EU institutions and Member States urging them to prioritise aviation's decarbonisation through a dedicated Industrial Strategy as part of the... more