Page 7 - Jet Airways Crisis

Awaiting refund of cancelled Jet flight? You are unlikely to get it soon

The cash-strapped airline might wait for the bidding process to be completed before initiating any refunds

Events since January show banks were not keen to drag Jet to bankruptcy

Gyrations in its share prices last week show that the airline had erased investor wealth with the passive support of the banks

Jet Airways insolvency: Airline invites claims from creditors by July 4

The airline owes over Rs 8,500 crore to a consortium of 26 banks led by State Bank

NCLT Mumbai bench initiates insolvency proceedings against Jet Airways

Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and employees

Unholy fall of Jet Airways, a parrot the bankers killed with kindness

As the bungling of Jet Airways shows, no insolvency law will do any good to a financial system that has too much respect for capitalists and too little for capitalism

Jet Airways case: SBI's no to Etihad's demands for open offer waiver, slots

SBI chairman Rajnish Kumar had Thursday defended the lenders' decision to take Jet Airways for bankruptcy saying "it was their last effort to find a resolution" for the grounded airline

Avoidable delay

Jet's assets lay rusting as banks dithered on going to NCLT

Dutch vendors move NCLT in Jet case, engineers, pilots seek to be parties

The counsel representing SBI had sought an urgent hearing of the case considering the importance of the matter

Airlines, private equity firms renew interest in grounded Jet Airways

Potential buyers want lenders to take up to 95 per cent haircut

SBI files insolvency plea against Jet Airways; hearing on June 19

Jet Airways is sitting on a debt pile of Rs 8,500 crore

Over and out for Jet Airways as lenders start bankruptcy proceedings

State Bank of India and other lenders will refer the airline to NCLT later this week

Fresh plan for Jet Airways rescue on cards; SBI to call meeting of lenders

Under the new guidelines, there is no strict fiat from the RBI to go to the NCLT

Stock exchanges to impose trading restrictions on Jet Airways shares

There are restrictions in trading of shares that are under Trade for Trade Segment

Jet a 'wake up call'; policymakers to be partly blamed: SpiceJet chief

Jet Airways grounding is something which is very sad and it should be a wake up for all of us in the aviation sector and the policymakers, the Spicejet chief said

Jet Airways staff call on Nirmala Sitharaman and Hardeep Puri

Jet shut operations in April 17 leaving over 14,000 employees in lurch

Aviation minister meets Shiv Sena MPs, Jet employees on airline's revival

The delegation also met Union Finance and Corporate Affairs Minister Nirmala Sitharaman on the matter

No sweat over Jet: India's aviation sector looks good even without it

If Jet Airways is taken out of the equation, passengers carried by India's airlines rose in April 2019

ED waiting for lenders' complaint to act against Jet, founder Naresh Goyal

The Naresh Goyal-controlled airline owes over Rs 8,500 crore to the State Bank of India (SBI)-led consortium

Jet Airways employees appeal to Uddhav Thackeray for airline's revival

The delegation was accompanied by Suryakant Mahadik, president of the Bharatiya Kamgar Sena, the labour union of the Shiv Sena

Jet Airways founder Naresh Goyal, wife stopped from flying abroad

Later, they were allowed to go home and their passports handed over to them after the completion of formalities