Jet Airways board okays debt resolution plan, posts Rs 588 crore Q3 loss

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    Watch Jet Airways resolution- Lenders chalk out new plan for funding With HD Quality

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    Watch Jet Airways employee urges PM Modi to ‘support’ the debt-ridden airline With HD Quality

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  • Jet Airways employee urges PM Modi to ‘support’ the debt-ridden airline

    Jet Airways employee urges PM Modi to ‘support’ the debt-ridden airline

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    No last word from lenders on interim funding yet. But, we believe in Jet and will leave no stone unturned to resurrect Jet. We are in constant touch with lenders: Jet Airways CEO Vinay Dube

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    Watch Jet Airways CEO Vinay Dube breaks his silence on Jet crisis With HD Quality

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  • Jet Airways founder Naresh Goyal, his wife Anita Goyal likely to step down from board

    Jet Airways founder Naresh Goyal, his wife Anita Goyal likely to step down from board

    The Economic Times | A Times Internet Limited product

    Jet Airways founder and principal promoters Naresh Goyal, and his wife Anita Goyal will today step down from the board and leave the airline they founded nearly 25 years ago, ET Now learns exclusively from sources. The formal announcement on the Goyals exit is expected later today.

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    By The Economic Times| 1256 views

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Published on: Feb 15, 2019
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Jet Airways on Thursday posted a loss of Rs 587.77 crore for the quarter ended December 31 against profit of Rs 165.25 crore in the corresponding quarter last year. Revenue stood at Rs 6,147.98 crore in Q3FY19 over Rs 6,086.20 crore in Q3FY18. Its shareholders are in the process of finalising the debt resolution plan. Lenders led by SBI initiated the comprehensive plan under the RBI circular on February 12 last year.

#businessnews#FinancialNews#Jetairways#Q3earnings#JetAirwaysshareprice#JetAirwaysQ3Result#debtresolution


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