Tag: Jet Airways
17 Results
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MHA gives security clearance to Jet Airways 2.0
Jet Airways' financial situation deteriorated in 2018, and the company declared a dismal financial outlook due to mounting losses.
May 9, 2022 -
Jet Airways shares hit 5 pc after monitoring panel put in place
In a regulatory filing, the airline said that the first meeting of the Monitoring Committee was held on June 28, 2021.
June 30, 2021 -
Jet Airways shares hit upper circuit as revival plan gets nod
Jet Airways has been undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC) for two years.
June 23, 2021 -
NCLT grants more time to DGCA for responding on Jet Airways slots
In September 2020, during a hearing, representatives of DGCA and MoCA said the slots were allocated temporarily to other airlines.
February 26, 2021 -
Jet Airways’ CoC approves Kalrock Capital-Murray Jalan’s consortium bid to revive airline
The 17th meeting of Committee of Creditors (CoC) of Jet Airways was held on October 3 and the final resolution plans submitted by two resolution applicants were discussed.
October 17, 2020 -
Jet Airways loss increases to Rs 5,536 cr in 2018-19
The financial statements have been signed by Jet Airways Resolution Professional Ashish Chhawchharia.
July 29, 2020 -
Jet Airways offers two Boeing aircraft for ops under Vande Bharat Mission
The once full-service carrier, which flew for nearly 26 years, is undergoing insolvency process and its affairs are being managed by insolvency resolution professional Ashish Chhawchharia.
May 25, 2020 -
Fresh EoI invited for bankrupt Jet Airways
This is the fourth time that EoI has been invited for Jet Airways, which was shuttered last year.
May 13, 2020 -
Jet Airways CoC meeting on Wednesday
Jet Airways stopped flying in April 2019 after it ran out of cash. It owes more than Rs 8,000 crore to banks.
May 6, 2020 -
ED books Jet Airways’s Goyal, others in money laundering case; conducts raids
The ED carried out raids at Goyal's premises in Mumbai on Wednesday and also questioned him after filing the case, they said.
March 5, 2020 -
Troubled Jet Airways gets new interest, deadline for submission of bids extended to March 10
Considering the latest developments, the CoC has extended the deadline for submission of bids till March 10.
February 19, 2020 -
Jet Airways to sell Netherlands biz to Dutch Airline
Additionally, the company said there is a separate liquidation proceeding ongoing in the Netherlands.
January 17, 2020 -
Some airlines may shut down due to ongoing predatory airfare pricing, says Aviation Minister
In the second quarter of 2019-20 giant airlines like IndiGo and SpiceJet, reported losses worth Rs 1,062 crore and Rs 463 crore respectively.
January 1, 2020 -
Jet Airways hit highest trading limit at 5% as Hinduja brothers likely to bid for it
The scrip gained 4.96 per cent to Rs 29.60, its upper circuit limit, on the BSE and on NSE it rose 4.87 per cent to Rs 29.05
December 31, 2019 -
NCLT gives additional 90 days to Jet Airways resolution process
The approval for the extension comes after the CIRP failed to make any headway during the mandated 180-day period.
December 21, 2019 -
Ex-Jet Airways employee with Rs 90 lakhs deposit in PMC Bank, dies hours after protest
Sanjay Gulati went to a protest march held outside a city court on Monday morning and had been under stress because of his deposit being stuck with the bank.
October 15, 2019 -
Fragile wings, cloudy skies
Two days before Jet Airways went public with a share offering in 2005, the government allowed it to operate international routes.
July 14, 2019