Goyal assures staff of resolution as Jet defaults for 3rd time

Goyal, in a letter to the 16,000 staff, which came ahead of the domestic pilots body National Aviator’s Guild annual meeting, said talks with the airline’s strategic partner Etihad Airways and State Bank of India (SBI)-led lenders were going on. Continue Reading

Jet board dicusses fundraising in unscheduled meet

Jet Airways’ board discussed ways to raise funds without taking an investor on board as chairman Naresh Goyal does not want to give up control in the loss-making carrier he set up 25 years ago, a source said. Continue Reading