Jet Airways (India) Ltd (JET.NS)
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U.S. private equity firm Blackstone Group LP is in talks to acquire a stake in the frequent-flier loyalty program of Jet Airways (India) Ltd , Bloomberg reported on Wednesday, citing people familiar with the matter.
Aug 15 U.S. private equity firm Blackstone Group LP is in talks to acquire a stake in the frequent-flier loyalty programme of Jet Airways (India) Ltd, Bloomberg reported on Wednesday, citing people familiar with the matter.
MUMBAI, Aug 11 Indian carrier Jet Airways Ltd sought to reassure investors on Saturday, saying it is meeting its payment obligations to lenders and other dues, such as staff commitments.
* Shares closed 8.5 percent lower (Recasts with analyst comments, details on Jet's financials)
NEW DELHI/BENGALURU India's Jet Airways Ltd said auditors have not signed off its first-quarter earnings report, forcing the airline to postpone its results announcement just days after it denied reports that it had told staff it was running out of money.
* Shares in Jet Airways close 7 percent down (Adds further comments from Jet Airways)
NEW DELHI India's biggest full-service carrier Jet Airways Ltd has told its pilots the airline may be grounded in 60 days unless cost-cutting measures including pay cuts are put in place, a senior company executive told Reuters on Friday.
* Group CEO creates new structure, to oversee airline directly (Adds Group CEO interview)
* Co will induct 225 MAX aircraft over next decade - statement