Jet to submit revised deal with Etihad for FIPB nod

Last Updated: Monday, June 24, 2013, 20:52

The next FIPB meeting slated for July 5, however, does not have a Jet proposal on its agenda.

'Jet Airways designed airline's business class seat in garage'

Last Updated: Sunday, June 16, 2013, 11:52

Have you ever heard of an airline's business class seat being developed inside a garage? That's what stiff competition did to Jet Airways.

Naresh Goyal buys 37% stake in Jet; total holding 66%

Last Updated: Thursday, May 30, 2013, 21:17

Jet Airways chairman Naresh Goyal Thursday picked up nearly 37 percent stake in the company from another promoter entity for about Rs 1,670 crore and took his direct stake in the private carrier to about 66 percent.

Jet plans to focus more on single-aisle planes

Last Updated: Monday, May 27, 2013, 21:34

Though the airline did not specify reasons for this shift in strategy, it may be noted that single-aisle planes are more economical and are good for feeder/short-haul services.

Jet Airways likely to raise Rs 250 cr by 5% stake dilution

Last Updated: Sunday, May 26, 2013, 13:36

Post the offer for sale (OFS) and 24 percent proposed stake sale to Etihad Airways, Goyal's holding will come down to 51 percent.

Etihad deal will bring down company's debt to $1.5 bn: Jet

Last Updated: Friday, May 24, 2013, 21:37

Jet Airways on Friday said its 24 percent stake sale to the gulf carrier Etihad will bring down its debt to USD 1.5 billion from the current USD 2.1 billion.

Jet Airways shareholders approve Etihad deal

Last Updated: Friday, May 24, 2013, 19:28

The deal is being looked into by Competition Commission of India (CCI) and Securities and Exchange Board of India (Sebi) besides other regulators.

Etihad deal to improve profits, cut costs: Naresh Goyal

Last Updated: Friday, May 24, 2013, 13:20

At the EGM, shareholders approved the proposed issue of shares on a preferential basis to Etihad.

Naresh Goyal buys 29% stake in Jet from promoter entity

Last Updated: Thursday, May 23, 2013, 23:46

The shares were purchased from Tail Winds Ltd, a company incorporated in the Isle of Mann and wholly owned by Goyal.

Jet Airways scrip gains nearly 2%

Last Updated: Tuesday, April 30, 2013, 22:28

Shares of Jet Airways Tuesday rose by nearly 2 percent after the company said its promoter and Chairman Naresh Goyal will bring down his stake to 51 percent so as to meet Sebi requirement of companies having 25 percent floating shares.

Naresh Goyal to bring down his Jet stake to 51%

Last Updated: Monday, April 29, 2013, 21:51

Jet Airways Monday said its promoter and chairman Nareh Goyal will bring down his stake in the company to 51 percent to meet the SEBI requirement of 25 percent floating shares.

Jet-Etihad pact a win-win deal, says Ajit Singh

Last Updated: Thursday, April 25, 2013, 17:47

Describing the over Rs 2,000 crore business proposal between Jet and Etihad airlines as a win-win deal, Civil Aviation Minister Ajit Singh Thursday said it will be beneficial for flyers.