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Latest Articles in jet airways

Jet Airways To Resume Domestic Services From Early 2022

The National Company Law Tribunal (NCLT) in June this year had approved the Jalan Kalrock Consortium's resolution plan for Jet Airways, two years after the once-storied full-service carrier went into insolvency proceedings.

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Jet Airways to Start Domestic Operations in Q1, 2022: M L Jalan

Jet Airways is all set to resume domestic operations in Q1 2022, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways

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Boeing 777 Plane In Dutch Administrator Custody Sold; Insolvency Process To Close Now: Jet Airways

The Dutch Administrator took custody of the assets of Jet Airways in the Netherlands on the date of initiation of such insolvency proceedings which included one Boeing 777 300 ER aircraft (VT-JEW) parked at Schiphol Airport, the company said.

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Jet Airways Staff Grouping Meets Labour Department Officials; Discusses Various Issues

Payment of all social security dues such as provident fund and gratuity, and assurance of employment to existing employees on the payroll were among the demands of the grouping.

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Jet Airways: Staff Grouping Seeks Jyotiraditya Scindia's Intervention To Resolve Issues

Payment of all social security dues such as provident fund and gratuity, and assurance of employment to existing employees on the payroll are among their demands.

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Winning Bidder Proposes Benefits For Jet Airways Staff With Rider; Need At Least 95% Approval

The voting process on the winning bidder Jalan Kalrock Consortium's proposal for employees and workmen of Jet Airways as per the resolution plan commenced on July 5 and it will be on till August 4.

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Jet Airways Shares Plunge 5 % After Earnings Announcement

The stock declined 5 per cent to Rs 126.45 -- its lowest trading permissible limit for the day -- on both the BSE and the NSE.

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Jet Airways Posts Rs 153 Cr Loss In 2020 June Quarter

The total income of the airline, which has not flown since April 17, 2019, stood at Rs 10.96 crore in the June quarter of the last fiscal.

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Jet Airways: Seven-Member Monitoring Panel To Manage Airline Under Resolution Plan

NCLT published the written order approving Jalan Kalrock Consortium's resolution plan and the approval is subject to certain directions. A separate order regarding the directions would be issued later by the tribunal.

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NCLT Issues Written Order Approving Resolution Plan For Jet Airways

In a filing to stock exchanges on Friday, Jet Airways' Resolution Professional Ashish Chhawchharia said the tribunal has published the 'written order (dated June 22, 2021)' approving the resolution plan.

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Jet Airways Shares Continue To Fly High

The stock jumped 4.98 per cent to Rs 104.40 -- its upper circuit limit -- for the day on both BSE and NSE.

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Hope To See Jet Airways Flying Again By Year End, Says Airline's Resolution Professional

Chhawchharia said NCLT approval will pave the way for the revival of Jet Airways 2.0 even as there are a few concerns related to the availability of routes/slots for the airlines to fly again.

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Hope To See Jet Airways Flying Again By Year End, Says Airline's Resolution Professional

NCLT's Mumbai bench approved the resolution plan submitted by a consortium of UK's Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan.

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Jet Airways Shares Gain 5 %; Hit Upper Circuit Limit

NCLT admitted the insolvency petition against Jet Airways filed by the lenders' consortium led by the State Bank of India.

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NCLT Nod Clears Runway for Jet Airways Take Off

The National Company Law Tribunal (NCLT) on June 22, approved the Kalrock-Jalan consortium's resolution plan for Jet Airways, with riders.

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