Naresh Goyal

  • How Etihad plans to change the way Jet Airways operates 19-08-2013 12:15 PM

    Etihad Airways's Australian CEO James Hogan doesn't have to think too hard about what to say. This week, he said: "Etihad will discuss ways to further integrate the two networks and help the airline achieve efficiency, build revenue and reduce costs." He wasn't talking about Jet Airways, his most high-profile...
  • FIPB to discuss Rs 2,058 crore Jet-Etihad deal today 29-07-2013 12:10 PM

    New Delhi: The Foreign Investment Promotion Board (FIPB) on Monday will discuss the contentious Rs 2,058 crore Jet-Etihad deal. The FIPB had earlier deferred approval to the deal on the basis of certain provisions in the previous shareholders' agreement and commercial cooperation agreement, which it said gave more powers to...
  • Jet likely to relocate its network, revenue management to Abu Dhabi: Sources 09-07-2013 08:42 AM

    Sources said the co-operative board of the company will have control with 19 foreign nationals nominated by Etihad. ...
  • 'Jet's plan to relocate ops after Etihad deal inconsistent with norms' 08-07-2013 10:05 PM

    New Delhi: The Jet-Etihad deal, which is under the scanner by various regulatory bodies, has hit turbulence once again. Fresh questions are being raised over Jet Airways' commercial pact with Etihad. Jet's plan to relocate operations and core functions to Abu Dhabi has raised eyebrows as the proposed plan is...
  • Jet-Etihad deal: PMO seeks clarification from Ministry of Corporate Affairs 01-07-2013 07:49 PM

    New Delhi: The Prime Minister's Office has sought clarifications from ministries concerned, including Ministry of Corporate Affairs, on the proposed Rs 2,058 crore Jet-Etihad deal. The Cabinet Secretary is likely to chair a meeting on security concerns over Jet-Etihad deal on Tuesday. The PMO has already asked Finance Ministry and...
  • Prime Minister's Office seeks clarification on Jet-Etihad deal 30-06-2013 10:45 AM

    New Delhi: The Prime Minister's Office has sought clarifications from ministries concerned, including Commerce and Industry, on the proposed Rs 2,058 crore Jet-Etihad deal. The deal, largest foreign investment proposal in the aviation sector, is facing regulatory hurdles with various ministries raising major concerns over the ultimate control of Jet...
  • Jet-Etihad deal: Corporate Affairs, Aviation Ministry raise concerns 16-06-2013 11:35 AM

    New Delhi: Jet Airways and Etihad may have to re-work the ownership structure proposed in the Rs 2,058 crore deal with key ministries including Civil Aviation and Corporate Affairs raising concerns over ultimate control of the domestic carrier. "Major concerns on ultimate control of Jet Airways post deal have been...
  • Kardassis quits Jet Airways, Hameed Ali named acting CEO 07-06-2013 06:46 PM

    Mumbai: Jet Airways chief executive Nikos Kardassis has resigned after a five-year stint with the company, and chief operating officer Capt Hameed Ali is the interim chief executive, the airline said on Friday. The Naresh Goyal-led airline said in a filing to the BSE that Kardassis resigned with effect from...
  • Etihad deal to improve profits, cut costs: Goyal 24-05-2013 12:38 PM

    Mumbai: Seeking shareholders' approval for sale of 24 per cent stake to Abu Dhabi-based Etihad, Jet Airways Chairman Naresh Goyal on Friday said this strategic alliance would improve the Indian carrier's profitability and lower the costs. "Etihad investment will help us to deleverage and grow in a sustainable manner," Goyal...
  • Jet gets extension to meet Sebi's public shareholding norm 14-05-2013 11:26 PM

    Mumbai: Jet Airways on Tuesday said it has got regulatory extension to meet the mandatory 25 per cent public shareholding norm in the private airline. In a filing to BSE, Jet said Sebi, on May 13, relaxed the requirement of 12-week cool-off period after the proposed inter se transfer of...
  • Jet-Etihad deal will bring down airfares: Experts 25-04-2013 07:35 AM

    Mumbai: The Rs 2,058 crore deal between Jet Airways and Etihad Airways will benefit passengers, as increased competition will bring down air fares, aviation sector experts said on Wednesday. According to Captain Gopinath, the founder of erstwhile Air Deccan, the increased competition will lead to low airfares, besides bringing about...
  • Etihad confirms taking 24 pc stake in Jet Airways for $ 379 mn 24-04-2013 07:59 PM

    Dubai: Abu Dhabi's Etihad Airways confirmed it had taken a 24 per cent minority stake in Jet Airways for $379 million. The Gulf carrier said in an emailed statement it would subscribe to 27.3 million new shares at Rs 754.74 per share. Jet said in a brief statement to the...
  • Jet Airways plans to connect Tier-II cities with Abu Dhabi 20-04-2013 05:00 PM

    New Delhi: Passengers from Tier-II cities would no longer have to change planes at a metro, if Jet Airways gets the government nod for its plans to mount code-share flights with Gulf carrier Etihad from 23 Indian cities by 2016. According to the plans submitted to the Civil Aviation Ministry,...
  • 'Politicians, cricketers on black money list' 11-11-2012 07:28 AM

    New Delhi: A former Swiss bank employee has claimed that several politicians, cricketers and internationally well-known people have black money in the Swiss banks. Rudolf Elmer, who gave WikiLeaks the black money list told CNN-IBN that he did not sell any data to the Indian government. Speaking via Skype, Elmer...
  • Goyal has no account in HSBC Bank Geneva: Jet Airways 09-11-2012 08:19 PM

    New Delhi: Rejecting allegations of stashing away unaccounted money in Swiss accounts, Jet Airways on Friday said there is no account in the name of its Chairman Naresh Goyal in HSBC Bank, Geneva though he is entitled to have bank accounts outside India as he is an NRI. "...There is...
  • PM to meet airlines chiefs on aviation mess 25-11-2011 11:28 AM

    New Delhi: Prime Minister Manmohan Singh has called a meeting of the chiefs of domestic airlines on Saturday with a focus on the financial health of the aviation sector. Kingfisher's Vijay Mallya, Jet Airways' Naresh Goyal and Rahul Bhatia of Indigo Airlines are expected to attend the meet. This comes...
  • The Week That Wasn't: Cyrus on Jet Airways crisis 13-09-2009 07:03 PM

    Chairman Naresh Goyal speaks to Cyrus about the Jet crisis. ...
  • Jet loses Rs 200 cr in pilot strike 13-09-2009 02:36 PM

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  • Jet resumes flights 13-09-2009 10:01 AM

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  • Watch: Jet pilots not ready to dissolve their union 10-09-2009 03:08 PM

    The Jet Airways is reportedly incurring a loss of Rs 19 cr per day. ...
  • Jet threatens to sack more pilots if strike continues 10-09-2009 01:20 PM

    The Jet chairman said the company is capable to sack more pilots. ...
  • Watch: Who is to blame for the Jet crisis? 10-09-2009 12:57 AM

    One of India's largest airlines has been brought to a halt by striking pilots. ...
  • Jet crisis: Stand off continues between pilots, management 10-09-2009 12:20 AM

    Crisis enters day two with the ongoing tiff between pilots, management. ...