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Tue, Aug 14 2018. 03 12 PM IST
Tue, Aug 14 2018. 08 33 AM IST
Jet Airways seeks a waiver of a loan covenant on its existing debt facility of about $185 million, and tells the lenders that it would not be able to meet the minimum $50 million profit condition for FY19 as stipulated in the loan covenant
Thu, Aug 02 2018. 09 06 AM IST
Jet Airways management had earlier this week told its employees to take an up to 25% cut in their salaries as cost of operations for airlines has been increasing on the back of rising crude and a falling rupee.