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Latest Articles in jet airways

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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Vistara To Boost Fleet To 41 By Year-End: CEO

The full-service airline has announced plans to add routes from India to Bangkok and Dubai as it expects to benefit from the collapse of rival Jet Airways Ltd in April.

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Jet Airways RP Gets Claims Worth Rs 24,887 Cr; Rejects Rs 229 Cr Claim From JetAir

After 4 rounds of hearing, NCLT has asked the RP to file periodic reports on the development in the resolution process.

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Lenders File For Jet Airways' Bankruptcy; Hearing From Wednesday

The lenders have been trying to sell the airline as a going concern since the past five months, but failed due to many a reason.

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Investors Continue To Dump Jet Airways Shares; Further Tank 15%

Harried bankers on Monday decided against an outright sale of Jet Airways to the lone bidder.

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Jet Airways' Lenders To Take Airline To Bankruptcy Court

After due deliberations, lenders have decided to seek resolution under IBC since only a conditional bid was received

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Jet Airways Shares Continue Downward Trend; Tank 15%

The scrip tumbled 13.37 per cent to Rs 79.65 -- its multi-year low -- on the BSE.

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Jet Airways To Be Removed From Trading In NSE's Futures And Options Market

Shares of Jet, once the biggest private airline in India, have more than halved since the airline shut down its operations in April after its lenders refused to bail it out.

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Jet Airways Slumps After Report Hinduja, Etihad Reconsider Investment

Middle Eastern carrier Etihad, which owns about 24% stake in Jet, had submitted a bid for the Indian airline last month, while family-run Hinduja Group was said to be considering putting in an offer.

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Jet Airways Shares Jump Over 8% On Hinduja Stake Buy Buzz

'Hinduja Group is evaluating the Jet Airways opportunity,' the group said in a statement on Tuesday.

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Jet Airways' Employees Hold Protest Outside Civil Aviation Ministry

The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline.

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