Page 12 - Jet Airways

Brookfield to acquire Jet Airways' Mumbai office for Rs 490 crore

According to real estate experts, the price quoted by Brookfield is fair value given the current market conditions. Brookfield declined to comment on the matter.

NCLT allows Jet Airways to sell office in Mumbai's Bandra Kurla Complex

The property is non-core asset of the grounded airlines, which was never used by Jet as part of its airlines business

Jet's office in Mumbai's BKC put up for sale, reserve price Rs 490 cr

Property has about 169,983 sq ft saleable area; auction on June 26, EMD set at Rs 25 cr

Yatra terminates Rs 2,300-cr merger pact with US software firm Ebix

Demands substantial damages due to alleged breach of agreement

Top 10 biz headlines: Make in India boost, fall in air traffic & more

Here are the top ten headlines on Thursday morning

Suitors for Jet Airways narrow down to four from 12, final list on June 10

RP is set to present resolution plan, if any, to adjudicating authority on July 23

Top biz headlines: Corona warriors for markets, Jet gets 7 new EoIs, & more

Here are the top 10 headlines on Friday morning

Jet Airways offers two Boeing aircraft to assist Vande Bharat Mission

Thecarrier is undergoing the insolvency process and its affairs are being managed by insolvency resolution professional Ashish Chhawchharia

Jet Airways: Insolvency resolution process deadline extended till Aug 21

According to a regulatory filing, 69 days of lockdown period from March 24 to May 31 would be excluded for computing the CIRP deadline

Jet Airways stake sale: Lenders to invite fresh expression of interest

The committee of creditors (CoC) of Jet is likely to come out with a revised EoI for the stake sale in the defunct airline on Wednesday, said a source.

Jet lenders to take a call on fresh EoIs, voting to conclude by May 18

If lenders favour fresh EoIs, this will be the third time they would have called for EoIs. No positive result in previous two attempts as no party came forward with a concrete plan

Seven major evacuation operations conducted in India's history

Listen to the podcast to know about the first leg of India's coronavirus evacuation that kick-starts tomorrow and also take a look at 7 major evacuation operations carried out in India's history

Sebi plans to ease fundraising norms for listed stressed companies

Currently, the pricing covers a period of 26 weeks or more for frequently traded shares

Airlines seek 6 month lease rent deferral, rates reduction to cut costs

Aircraft lease rentals account for around 15 per cent of an airline's overall expense and since these are paid in dollars are also subject to currency fluctuation.

A year after, Jet Airways' lenders and employees still await payments

The airline operated its last flight between Amritsar-Mumbai on April 17 last year as lenders turned down its demand for an emergency funding

YES Bank case: Jet Airways founder Naresh Goyal appears before ED in Mumbai

Jet Airways' loan exposure to the crisis-ridden Yes Bank is about Rs 550 crore.

NCLT grants 90-day extension to Jet Airways for resolution process

This is an exceptional case of extension beyond the 330-day limit under the insolvency and bankruptcy code.

Jet Airways RP files plea seeking 90 days extension for bids from NCLT

The cash-strapped airline, which was grounded in April 2019, owes more than Rs 8,000 crore to banks, with those from the public sector having significant exposure

Jet Airways CoC to seek 2-month extension from NCLT for submission of bids

The CoC may seek an extension in the deadline in the face of no potential bidder coming forward and also due to the ongoing coronavirus concerns

Jet Airways lenders to seek 90-day extension for resolution process

An extension of up to 90 days may be sought from the National Company Law Tribunal