The airline has proposed to raise authorised share capital to Rs 2,200 crore. This would comprise Rs 680 crore of equity capital and Rs 1,520 crore of preference share capital.
Total revenue dropped to Rs 5,406 crore in the first quarter of the current financial year from Rs 5,508 crore in the same period a year ago
Though public shareholding in Jet is already down to the mandated 25 per cent, the regulator wants its promoters to pare their stake further.
A round-up of Wednesday's action in the UEFA Champions League.
Jet Airways owes more than Rs 8,000 crore to a consortium of banks led by the State Bank of India, which now run the airline, while it has a much larger debt pile by way of accumulated losses to the tune of Rs 13,000 crore and vendor dues of over Rs 10,000 crore and salary dues of over Rs 3,000 crore.
Indian airlines have also been advised separately to give relief, an official said.
Omicron has been detected in Maharashtra (20), Rajasthan (9), Karnataka (3), Gujarat (4), Kerala (1) and Andhra Pradesh (1) and Union Territories of Delhi (2) and Chandigarh (1).
The loss was the joint-heaviest defeat by a side already crowned Premier League champions. Arsenal were beaten 4-0 at Liverpool in 1997-98 in the game after they clinched the title.
British Airways, Lufthansa, Etihad and Singapore Airlines are scouting for an Indian partner that meets the net worth criterion
Using flight search, travellers in the US, Canada, the UK, the Netherlands, Spain, France, Italy, Germany, Poland and Ireland will be able to explore and compare flights to and from any of Etihad Airways 103 destinations.
Additionally, promoter Naresh Goyal and Etihad Airways, which owns a 24 per cent stake in the airline, will infuse around Rs 2,000 crore into the airline, sources aware of the development said.
Liverpool's first match since being confirmed as champions is at City's stadium and Pep Guardiola said his players would pay tribute to Juergen Klopp's title-winning side.
Challenging the "illegal" reduction in its claim by the erstwhile resolution professional (RP) in the Jet Airways revival plan, the Punjab National Bank (PNB) has moved the National Company Law Appellate Tribunal (NCLAT) citing discrimination. The NCLAT on Thursday issued notices to RP Ashish Chhawchharia and the committee of creditors on PNB's plea to set aside the insolvency court's approval of the airline's revival plan. It has posted the matter for further hearing on September 21.
Manchester City striker Sergio Aguero is close to agreeing a deal to join Barcelona after his contract expires at the English Premier League champions, manager Pep Guardiola said.
Airline flight attendants reveal the craziest requests they have received from passengers!
A source said that the lenders have proposed to change the management of the beleaguered air carrier as they feel it is not possible to run the company with present management.
would also take on board its strategic investment partner Etihad
The travel ban will come into effect from 11.59 pm on Saturday, April 24, and is subject to review after 10 days.
Manchester City host Tottenham Hotspur on Saturday on the back of a record 15 successive English Premier League wins, and on the basis of their visitors' recent away form, a 16th victory appears to be the likely outcome.
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The Seychelles national carrier will operate three flights per week on the Seychelles- Mumbai route from December 2, subject to regulatory clearances, the airline said.
At the end of September quarter, Tail Winds held 68,15,843 shares, equivalent to 7.89 per cent holding, of Jet Airways.
May include 'influencing a company's major policy decisions' in the current meaning.
The world's 10 longest non-stop flights criss-cross the world, cutting down travel time and making journeys easier and comfortable.
Images from Sunday's Premier League action.
IMAGES from the EPL matches played on Saturday
A round-up of Saturday's action in the Premier League.
Images from Saturday's action in the English Premier League.
'With a less than comely bride and no dowry to speak of, the prospects of landing a good match look bleak, a grim, sinister and no-nonsense prospective father-in-law notwithstanding,' says Anjuli Bhargava.
The Champions League will resume in August after being halted in March due to the COVID-19 pandemic with a 'Final Eight' tournament being held in Lisbon after the remaining second-leg games from the last 16 ties are decided.
Waiting time for customs, immigration clearance cut drastically; Jet-Etihad alliance to get competitive advantage
Jet Airways' Acting CEO and Chief Financial Officer Ravishankar Gopalakrishnan has resigned, sources said on Tuesday, the latest in the high-profile exit from the private carrier.
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
Jet has come under regulatory scrutiny twice this year.
Images from the English Premier League matches played on Wednesday night.
Six of these aircraft are currently on lease to Etihad Airways, set to start returning to Jetair's fleet in June
The top-level exodus at Naresh Goyal-promoted Jet Airways continued on Friday, with chief financial officer and acting CEO Ravishankar Gopalakrishnan quitting.
According to media reports, Securities and Exchange Board of India is debating whether to reopen the issue of an open offer for shareholders of Jet Airways after another regulator said that Etihad enjoys joint control over the Indian airline.
A free and open aviation market, where the government keeps the interest of consumers higher than saving any airline.
A summary of Wednesday's action in the Premier League.
Jet has proactively undertaken certain operational adjustments to its flight schedule, keeping in mind the likely, yet interim non-availability of some aircraft in its fleet in the foreseeable future.
