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Nresh Goyal writes an emotional letter to Jet staff

 He urged employees to bear with him in this difficult situation a little longer, till the airline emerges out of turbulence and fiscal challenges. Jet Airways chairman Naresh Goyal on Friday urged......

Naresh Goyal to step down as chairman of Jet AirwaysJet chief

 The move comes a day after an urgent meeting of lenders with Goyal and Etihad Airways chief executive officer Tony Douglas to resolve various issues between the two promoters as well as lenders and......

Jet Air may get Rs 500 cr interim funding from banks

 Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms. A consortium of banks is considering an interim funding of Rs......

Jet's resolution plan approved; lenders to have largest share

 The provisional restructuring plan has been carried out by lenders, led by State Bank of India, under the Reserve Bank of India's February 12, 2018 circular. Cash-strapped Jet Airways on Thursday......

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