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Latest Articles in jet airways

Slot Allotment Issue Expected To Be Resolved Soon: Jet Airways' Stakeholders Tell NCLT

The consortium had sought the tribunal's permission to enter into a dialogue with the ministry and DGCA to resolve the issue of allotment of slots at airports.

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Jet Airways Stock Jumps 5 % As Jalan Kalrock Consortium Expects To Restart Jet In 4-6 Months

Jet Airways, the once-storied full-service carrier was grounded in early 2019 and subsequently is undergoing proceedings under the Insolvency and Bankruptcy Code (IBC).

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Jet Airways Reports Rs 2,841 Cr Loss For 2019-20

During the 2019-20 financial year, the airline had a total income of Rs 354.2 crore, the company said in a filing to the BSE.

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Equities continue upward swing, PNB spurts 13 pc

Equities continue upward swing, PNB spurts 13 pc

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Lenders Give Green Light to Kalrock Capital-Murari Jalan's Plan to Revive Jet Airways

The proposal from Kalrock Capital was approved after voting that concluded on October 17. Another consortium in the fray included Flight Simulation Technique Centre, Big Charter and Abu Dhabi’s Imperial Capital Investments LLC

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Jet Airways' CoC Approves Kalrock Capital-Murari Jalan's Resolution Plan

The plan was approved after the conclusion of the e-voting on the proposal, Jet Airways RP (resolution professional) Ashish Chhawchharia said in a BSE filing.

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Jet Airways Declines 5% After Earnings

Jet Airways, which is undergoing insolvency resolution process, has reported widening of loss to Rs 5,535.75 crore in the year ended March 2019 as surge in expenses took a toll.

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The Greatest Advantage Jet Airways Still Possesses

As of now, while the macro-economic conditions and the Covid-impact make for a very challenging case, a revival cannot be completely ruled out. An airline that was once flying high, watches with baited breath.

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ED Raid Underway At Naresh Goyal's Residence In Mumbai

Goyal had stepped down from the post of the chairman in March last year, paving way for lenders to bail out the financially troubled airline he had set up 25 years ago.

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Keeping Airlines Afloat

The industry holds a lot of promise, given favourable conditions for growth. But just like the rest of the country, poor strategic decisions by the private sector and government are proving fatal for its survival.

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Set To Soar Again

Despite some headwinds this year, the civil aviation sector is growing thereby raising hopes of better times to come in 2020.

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PIL In SC Against Jet Airways For Failing To Refund Fares

Jet was facing a financial crisis due to bruising competition from low-cost airlines, fluctuating crude prices and a weak rupee.

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NCLAT Allows Dutch Court Administrator To Attend Jet Airways CoC Meetings

One of the Jet Airways aircraft, parked in the Schiphol Airport in Amsterdam, has already been seized.

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NCLAT Asks Jet Lenders If They Would Cooperate With Dutch Court Administrator

Jet Airways is facing insolvency proceedings in the Netherlands as well, where it was declared bankrupt after failing to pay two European creditors.

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Not Feasible To Reinvest In Jet; Cites Unresolved Issues: Etihad

Etihad has consistently and constructively sought and advanced solutions to help resolve Jet's issues.

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