Tag: Jet Airways
17 Results
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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 -
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