All Jet Airways articles – Page 3
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News
CDB Aviation moves to take back A330s from Jet Airways
CDB Aviation has filed applications to deregister two Airbus A330-300s operated by Jet Airways, while Castlelake and Orix Aviation have also filed similar motions to take back Boeing 737-800s.
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Jet's international flights suspended until 15 April
Jet Airways has suspended all international flights until 15 April.
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Jet Airways fleet woes continue as more jets grounded
Jet Airways disclosed on 11 April that 10 more of its aircraft have been grounded due to lease payment defaults.
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India deregisters first Jet Airways 737s
India’s Directorate General of Civil Aviation (DGCA) has processed the deregistration of seven Boeing 737-800s, while it has received requests to deregister 13 more aircraft.
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SBI kicks off sale process for control of Jet Airways
The State Bank of India (SBI) has formally opened an expression of interest process to attract bidders to take control of ailing carrier Jet Airways.
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MCAP latest lessor to move on Jet Airways 737s
MC Aviation Partners (MCAP) has requested the deregistration of five Boeing 737-800s leased to Jet Airways, making it the second lessor to move to repossess their aircraft from the cash-strapped carrier.
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NewsAvolon moves to repossess two 737s from Jet Airways
Avolon has applied to have two Boeing 737-800s leased to Jet Airways deregistered, in what appears to be the first repossession action taken against the distressed carrier.
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NewsJet Airways groundings grow by further 15 aircraft
Jet Airways has been forced to ground a further 15 aircraft for defaulting on lease payments, just over a week after it indicated that it would receive a funding lifeline from its lenders that would allow it to return some of its jets to service.
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Jet Airways again defaults on loan repayment
Jet Airways has disclosed that it has again delayed repayment of a working capital facility that was due on 28 March, citing “temporary liquidity constraints.”
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AnalysisANALYSIS: Goyal leaves his Jet plane; can it come back again?
The resignation of Jet Airways founder Naresh Goyal from his long-held position as chairman looks to be the catalyst needed to get the airline moving again, but it faces a long road ahead.
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Jet Airways board approves resignation of founder Goyal
Indian carrier Jet Airways’ board has approved the resignation of founder and chairman Naresh Goyal, the most significant of three directors who are stepping down from the troubled company.
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Jet Airways' fleet dwindles as grounding grows
Jet Airways has grounded another six aircraft, raising the number of grounded aircraft to at least 48 for defaults on lease payments.
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Jet Airways to miss interest payment, grounds four more jets
Jet Airways has delayed paying interest on debentures coming due on 19 March, and grounded four more jets over defaults on lease rentals as the carrier’s cash crunch show little sign of abating.
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India and New Zealand join Max suspension
India and New Zealand have become the latest countries in Asia Pacific to ban the operation of the Boeing 737 Max over safety concerns.
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Jet Airways denies receiving new credit facility
Jet Airways has denied recent Indian media reports claiming that it had secured a new R20.5 billion ($295 million) credit facility from Punjab National Bank (PNB).
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Jet Airways grounds three more aircraft due to lease defaults
At least 28 of Jet Airways’ aircraft have now been grounded for defaults on lease payments, with the carrier disclosing three more groundings on 7 March.
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Jet Airways groundings rise to 25 aircraft
Jet Airways has grounded two more aircraft for defaults on lease payments, meaning nearly a quarter of its fleet is now out of operations.
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Jet Airways grounds another 10 aircraft
Jet Airways has grounded a further 10 aircraft over the past several days.
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Goyal and Etihad back Jet Airways revival plan
Jet Airways' two largest shareholders, chairman Naresh Goyal and Etihad Aviation Group, have backed the bank-led bailout plan for the struggling Indian airline.
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Jet's shareholders approve debt-for-equity swap
Shareholders of Jet Airways approved a plan to swap the airline's lenders' loans for equity at a 21 February extraordinary general meeting.