Tag: Jet Airways
17 Results
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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 -
Delhi HC seeks Centre’s response on Jet Airways founder Naresh Goyal’s plea against LOC
Justice Suresh Kait said no interim relief can be granted at this stage and added that he may deposit Rs 18,000 crore guarantee if he wants to travel to a foreign country now.
July 9, 2019 -
Govt orders probe into defunct Jet Airways over ‘fund diversion, irregularities’
The cash-strapped company became the first domestic airliner to go into bankruptcy after the NCLT admitted an insolvency petition filed by SBI on behalf of 26 lenders on June 20.
July 5, 2019 -
Jet Airways employees consortium to bid for 26% of airline
Jet Airways Employees Consortium has joined hands with AdiGroup to bid for 75% in the airline.
June 29, 2019 -
Sudden spike in Jet Airways stocks, gains 66%
The state-run State Bank of India (SBI)-led consortium of lenders to Jet Airways said on Monday that it had decided to "seek resolution under the Insolvency and Bankruptcy Code (IBC) as only a conditional bid was received and requirement of the investor for SEBI exemptions and resolution of all creditors is possible under IBC"
June 20, 2019 -
Jet Airways shares bounce back; zoom 19%
On the National Stock Exchange, shares zoomed 19 per cent to Rs 39.40 after dropping to an all-time low of Rs 26.55 during the morning trade.
June 20, 2019 -
Sensex, Nifty end marginally higher, Jet ends 40% down
"Market will be careful during the ongoing (US) Fed meeting which is expected to provide dovish."
June 18, 2019 -
Shares of Jet Airways plunge 52% as investors quit
The crisis-hit airline shares have lost over half of the value.
June 18, 2019 -
Investors continue to dump Jet Airways shares; further tank 15%
At NSE, shares plummeted 14.98 per cent to a multi-year low of Rs 58.15. In 12 trading days, the scrip has plunged over 61 per cent.
June 18, 2019 -
Life imprisonment for man who created hijack scare on Jet plane
Salla became the first person to be put under the "national no fly list", and was also the first to be booked under the stringent Anti Hijacking Act, which had replaced a vintage law of 1982. The court of special NIA judge K M Dave said the fine amount submitted by the convict, businessman Birju Salla, will be distributed among the crew members and passengers on board the affected plane.
June 11, 2019 -
Vistara to launch international flights in the second half of 2019
A joint venture between Tatas and Singapore Airlines, Vistara might also look at starting medium and long-haul flights, depending on approvals, amid the grounding of Jet Airways.
June 3, 2019