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Jet Airways: the solution for the carrier within this week

The president and founder should resign from any office

Jet Airways president and founder Naresh Goyal should resign from his office in these days and also leave the airline's Board of Directors to try to pave the way for a bailout by the State-owned State Bank of India (SBI) and Etihad, which put this as a precondition for an increase in shareholding. To report this indiscretion is the Indian broadcaster "ET Now", from which they also pointed out how the...

M/A - 1220156
Delhi, India, 03/25/2019 10:51
AVIONEWS - World Aeronautical Press Agency

AirlinesJet Airways: 2 days to submit offers for the majority

Does the Delhi government study Plan B?

The future of Jet Airways will be decided by April 10, the deadline set by the State Bank of India (SBI) to present initial offers to take 75% of the airline's shares in poor financial conditions. The... more

AirlinesJet Airways: operating only less than 30 aircraft

The debts with the leasing companies are still not paid

The number of Jet Airways aircraft landed by leasing companies continues to increase and of the 119 fleets in the fleet only 26-28 are usable. 69 were stopped due to delays in payment of installments to... more

AirlinesJet Airways: will be paid only salaries of December

Still cash flow problems for the carrier

Despite the rescue by the State Bank of India (SBI) of Jet Airways will only be able to pay December salaries to pilots and maintenance technicians, while the balance of the most recent ones will be postponed... more

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