Jet Airways (India) Ltd (JET.NS)
India's SpiceJet Ltd said on Friday it will prioritize hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit Indian airline halted all flight operations indefinitely this week.
April 19 India's SpiceJet Ltd said on Friday it will prioritize hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit Indian airline halted all flight operations indefinitely this week.
MUMBAI/NEW DELHI Jet Airways Ltd shares plunged on Thursday, battered by fears about whether the grounded Indian airline would fly again, even as carriers like rival SpiceJet rushed in to plug a supply gap in the wake of their rival's demise. | Video
* Lenders declined to extend more funds to keep airline afloat
April 18 The Indian stock market gave up recent record highs to close marginally lower on Thursday, pressured by financial stocks as sentiment took a hit a day after debt-laden Jet Airways suspended all operations after running out of funds.
April 18 SpiceJet Ltd Chairman Ajay Singh said on Thursday the budget airline was taking "all possible proactive measures" to deal with capacity reduction in the aviation industry, a day after rival Jet Airways Ltd was forced to ground all flights as it ran out of funds.
* Jet shares fall 34 pct, SpiceJet up 15 pct, InterGlobe up 3 pct (Recasts, adds share prices, ministry meeting)
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MUMBAI, April 18 Lenders to India's Jet Airways Ltd said on Thursday they are "reasonably hopeful" that the bidding process for the grounded airline will end successfully.
* Jet to continue working with banks; confident it will fly again