Page 2 - Aviation Jet Airways
Jet Airways defaults on $140-mn loan; cites temporary liquidity constraints
The first repayment tranche of $31 million was due on March 11 and the second instalment of $109 million due today
 "Jet Airways defaults on $140-mn loan; cites temporary liquidity constraints")
Don't put more money in Jet Airways: Bank union urges government, RBI
The union has decided to request the government, Ministry of Finance and the RBI to direct the banks against lending more money to Jet and also not getting involved in managing the airline
 "Don't put more money in Jet Airways: Bank union urges government, RBI")
Jet Airways shares see uptick in Security Lending and Borrowing segment
Experts say traders who have borrowed shares to short stock could be hit from upmove
 "Jet Airways shares see uptick in Security Lending and Borrowing segment")
Lenders to make every effort to keep Jet Airways flying: SBI Chairman
A source said banks are trying to work out a revival plan for Jet Airways through a change in management
 "Lenders to make every effort to keep Jet Airways flying: SBI Chairman")
Jet Airways employee union warns management against staff sacking
"Operations at various airports have reduced and employees are anxious. We asked and received assurances that employees will not be removed and jobs will be secure ," said association president
 "Jet Airways employee union warns management against staff sacking")
Jet fails to pay December salary to managerial employees and those above
The Naresh Goyal-controlled airline, which is part owned by Etihad, has not been paying on time to about 15% of its over 16,000 employees since August last year due to a liquidity crunch
Etihad throws $35 million life vest for Jet Airways
Sources in Abu Dhabi confirmed the multi-million dollar figure boon given by the national carrier of the UAE to Jet Airways which would help ease the embattled airline's financial woes
Airline stocks hit fresh 52-week low as govt imposes custom duty on ATF
Jet Airways down 6% at Rs 181, InterGlobe Aviation and SpiceJet were down 4% at Rs 819 and Rs 67, respectively hitting their respective 52-week lows on the BSE in intra-day today.
 "Airline stocks hit fresh 52-week low as govt imposes custom duty on ATF")
Jet Airways hits 3-year low on Q1 results deferment; stock ends 8.5% lower
The stock slipped 10% to Rs 262 on the BSE on Friday in early morning trade, its lowest level since June 16, 2015.
 "Jet Airways hits 3-year low on Q1 results deferment; stock ends 8.5% lower")
Aviation shares gain; Jet Airways up 5% in intra-day
Jet Airways (India), InterGlobe Aviation (which run IndiGo) and SpiceJet were up 2% to 5% on BSE in intra-day trade.
 "Aviation shares gain; Jet Airways up 5% in intra-day")
