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Page 6 - Jet Airways Crisis

Etihad, Hinduja Group back at the deal table for grounded Jet Airways

Etihad had submitted a conditional offer for a minority stake in the airline earlier under the lenders-led bid process in May

Etihad, Hinduja Group back at the deal table for grounded Jet Airways
Updated On : 22 Jul 2019 | 1:52 AM IST

Jet case brings to the fore problems in cross-border insolvency resolution

Foreign creditors are permitted to participate in Indian insolvency proceedings

Jet case brings to the fore problems in cross-border insolvency resolution
Updated On : 21 Jul 2019 | 10:00 PM IST

Jet's resolution professional invites expressions of interest by August 3

The airline's assets include 14 aircraft including 10 Boeing planes -- down from 124 before the grounding -- and 49 per cent stake in Jet Privilege and a few buildings

Jet's resolution professional invites expressions of interest by August 3
Updated On : 21 Jul 2019 | 1:00 AM IST

Jet Airways interim RP receives claims of over Rs 24,000 crore from lenders

Only claims related to Jet are being considered and those of subsidiary JetLite will not be accepted, IRP says

Jet Airways interim RP receives claims of over Rs 24,000 crore from lenders
Updated On : 19 Jul 2019 | 2:17 AM IST

Best of BS Opinion: Have our institutions responded adequately to frauds?

From trade trouble to future demographic shocks, here are the best of Business Standard Opinions for the day

Best of BS Opinion: Have our institutions responded adequately to frauds?
Updated On : 18 Jul 2019 | 9:14 AM IST

Govt to launch portal to help Jet Airways staff find jobs in other airlines

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

Govt to launch portal to help Jet Airways staff find jobs in other airlines
Updated On : 17 Jul 2019 | 8:31 AM IST

Jet Airways lenders to set rules this week to weed out casual bidders

Decide early August deadline for expressions of interest

Jet Airways lenders to set rules this week to weed out casual bidders
Updated On : 17 Jul 2019 | 2:10 AM IST

Jet crisis: NCLAT agrees to hear Dutch Court insolvency administrator

Dutch insolvency court administrator says will not sell seized assets of airline until common solution reached

Jet crisis: NCLAT agrees to hear Dutch Court insolvency administrator
Updated On : 12 Jul 2019 | 9:19 PM IST

Dutch bankruptcy administrator moves NCLAT on Jet Airways insolvency case

Dutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways

Dutch bankruptcy administrator moves NCLAT on Jet Airways insolvency case
Updated On : 12 Jul 2019 | 12:51 PM IST

Is Jet Airways heading for a crash-landing?

et Airways Thursday grounded services across the Eastern and Northeastern markers and also suspended its international operations for a day

Is Jet Airways heading for a crash-landing?
Updated On : 10 Jul 2019 | 2:39 PM IST

Deposit Rs 18,000 cr if you want to travel abroad: Delhi HC to Naresh Goyal

The court was hearing Goyal's plea challenging the LOC issued against him on the ground that as on May 25 when he was de-boarded from a flight to Dubai, no ECIR/FIR was registered against him

Deposit Rs 18,000 cr if you want to travel abroad: Delhi HC to Naresh Goyal
Updated On : 09 Jul 2019 | 1:23 PM IST

Jet Airways hits lower circuit for 4th straight day on SFIO probe report

SFIO has been directed to complete the investigation within six months and submit its report to the government, the report said.

Jet Airways hits lower circuit for 4th straight day on SFIO probe report
Updated On : 08 Jul 2019 | 12:18 PM IST

HC judge recuses from hearing Jet founder Naresh Goyal's plea against LOC

When the matter came up for hearing before Justice Vibhu Bakhru, he said that "this matter will have to go before another bench" and directed that it be listed before another judge on July 9

HC judge recuses from hearing Jet founder Naresh Goyal's plea against LOC
Updated On : 05 Jul 2019 | 2:37 PM IST

Govt orders probe into grounded Jet Airways, SFIO summons Naresh Goyal

Jet, with more than Rs 8,000 crore of debt, flew for the last time on April 17 after it ran out of cash

Govt orders probe into grounded Jet Airways, SFIO summons Naresh Goyal
Updated On : 05 Jul 2019 | 1:30 AM IST

HDFC moves NCLT to keep Jet's office out of insolvency proceedings

The tribunal had declared a moratorium on recovery of dues from Jet when the insolvency petition against Jet was admitted

HDFC moves NCLT to keep Jet's office out of insolvency proceedings
Updated On : 05 Jul 2019 | 1:26 AM IST

Govt orders probe into Jet Airways over alleged mismanagement of funds

Naresh Goyal approaches Delhi High Court to quash an order by authorities that stops him from travelling abroad.

Govt orders probe into Jet Airways over alleged mismanagement of funds
Updated On : 04 Jul 2019 | 10:03 PM IST

Fix problems before complete failure

We need some real solutions on the ground

Fix problems before complete failure
Updated On : 04 Jul 2019 | 12:23 AM IST

Tatas are keen to buy Jet's grounded fleet, bilateral flying rights

The Tata Group has two joint ventures in the aviation space. One is with budget airline AirAsia and the other is its stake in full-service carrier Vistara, a joint venture with Singapore Airlines.

Tatas are keen to buy Jet's grounded fleet, bilateral flying rights
Updated On : 01 Jul 2019 | 9:29 AM IST

The Jet brand that Naresh Goyal built

Even in ruin, Jet retained its one essential brand quality: Dignity

The Jet brand that Naresh Goyal built
Updated On : 29 Jun 2019 | 1:02 AM IST

Jet Airways employees consortium, AdiGroup to bid for 75% of airline

The airline owes Rs 8,500 crore to banks and around Rs 25,000 crore in arrears to vendors, lessors and employees

Jet Airways employees consortium, AdiGroup to bid for 75% of airline
Updated On : 28 Jun 2019 | 9:56 PM IST