After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral.
Liverpool frustrated as they were forced to settle for a 1-1 draw at Brighton on Saturday
The office, spread over 52,775 square feet carpet area, in Mumbai's suburban financial centre Bandra Kurla Complex, is on the fourth floor of the building 'Jet Airways Godrej BKC'.
Manchester City secured a record 15th straight victory in all competitions with a 3-1 win at Championship side Swansea City in the FA Cup fifth round on Wednesday.
A mix of financial and strategic mistakes combined with poor expectations of the management are the reasons for the downfall of Indian airlines. For Jet, the deathly potion was even more toxic on account of the bitter squabbles between promoter Naresh Goyal and strategic partner Etihad Airways.
'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'
Manchester City survived a late grilling by Real Madrid thanks to goalkeeper Joe Hart to hold on for a 0-0 draw on Tuesday that keeps alive their hopes of reaching the Champions League final for the first time.
Etihad, Emirates and Qatar Airways have combined hired more than 100 Indian pilots in the last six months.
Premier League title race looks poised to be one of the most thrilling in years.
Leroy Sane struck the winner as Manchester City beat Liverpool 2-1 in a gripping English Premier League clash.
Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
Under flak from several MPs over the Jet-Etihad deal, government on Monday said it had "no role to play" in the sale of Jet's slots at London Heathrow airport to the Abu Dhabi-based airline.
Manchester City striker Sergio Aguero will serve a four-match ban for violent conduct, the English Football Association (FA) said.
In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.
The change in ownership is necessary to conform to the government's foreign direct investment norms in aviation.
The aircraft was called back to the parking bay at the time of taxiing.
Chinese Super League club Hebei China Fortune have appointed former Manchester City coach Manuel Pellegrini as their new manager, Chinese and British media reported on Saturday.
It is clear that foreign airlines have realised the growth possibilities of the Indian aviation sector and are keenly interested, the minister said.
After attacking the Jet-Etihad deal, Janata Party President Subramanian Swamy on Wednesday trained his guns on the Air Asia proposal to set up an Indian carrier, saying the FIPB clearance to it was "not legally valid".
City hold a 2-1 lead after an impressive performance in Paris last week and Guardiola's men are within touching distance of their first Champions League final.
Old-timers say Jet boss Naresh Goyal, although still razor sharp, doesn't have the same energy he once did and this reflects in his 'baby'.
If City win their next league game at Everton on March 31 that will set up a Manchester derby at City's Etihad Stadium where a win over their arch-rivals would secure the title.
The Premier League said on Monday that 10 people had returned positive results in its latest round of COVID-19 tests conducted on players and staff last week, the highest number of cases in a single round since the new season began this month.
Liam Delap, the son of former Stoke City defender Rory, scored the opener for Pep Guardiola's side in the 2-1 win at the Etihad Stadium
Barcelona and Paris St Germain claimed impressive victories at Manchester City and Bayer Leverkusen respectively in the first legs of their Champions League last 16 ties on Tuesday.
Manchester City's Premier League title celebrations were put on hold as rivals Manchester United produced a remarkable comeback from two goals down to win their derby clash 3-2 at the Etihad Stadium on Saturday.
Spurs' triumph at the Etihad Stadium moved them within two points of Premier League leaders Leicester City and kept them in second place above Arsenal on goal difference with 12 matches to play
Images from the UEFA Champions League matches played on Tuesday
As the majority of Pakistani airspace has remained closed for Indian airlines since the Balakot strike on February 26, the decision to avoid affected Iranian airspace on Saturday is going to further disturb the routes of their international flights towards middle-eastern and European countries, and the US.
The airline's chief financial officer Ravishankar Gopalakrishnan will be acting as the CEO.
The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.
Dubai-based Emirates Airline has termed reports that it is holding discussions with Indian carrier SpiceJet for buying a stake in the airline as 'inaccurate' and said that it was busy with its own expansion plans.
Arsenal midfielder Alex Oxlade-Chamberlain faces up to two months on the sidelines with a knee injury that also rules the England international out of the European Championships, his club manager Arsene Wenger said on Friday.
An unidentified aircraft caused a security scare in Mumbai airspace on Saturday after it was spotted by an Etihad Airways flight and reported to the air traffic control, official sources said.
The process of getting a new promoter on board is likely to take another two to three months and once that happens, the banks would offload their stakes.
Images from Wednesday's action in the UEFA Champions League.
Manchester City opened up a two-point lead over their neighbours Manchester United at the top of the English Premier League on Saturday thanks to another display of scintillating brilliance in a 7-2 thrashing of Stoke City at the Etihad Stadium.
Manchester City stumbled to the most unexpected defeat of the Premier League season on Saturday before neighbours Manchester United began their brave new world under Ole Gunnar Solskjaer with a glorious reminder of long-forgotten attacking swagger.
With introduction of double-decked Airbus A380, the whole first class space has undergone transformation.
A Stevan Jovetic double and a third to Sergio Aguero helped Manchester City send out an ominous warning to those with designs on their Premier League crown, routing Liverpool 3-1 in the first heavyweight clash of the new season on Monday.
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