Page 14 - Jet Airways

Jet gets second EoI after South America-based Synergy group, stocks gain

It was earlier supposed to end on January 6, however, the lenders decided to extend the deadline if anyone wants to submit an EoI for the defunct airline

NCLT warns Jet Airways CoC of contempt proceedings for not releasing funds

The bench directed the CoC to at least pay the amount by January 20, or the tribunal will initiate contempt proceedings against the defaulting members

Jet Airways hits upper circuit for sixth straight day, up 105% in 4 weeks

Despite a sharp run-up in market price, the stock is still down 88 per cent from its 52-week high level of Rs 312, touched on January 15, 2019

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more

From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday

Is government looking skywards to save Air India from being grounded?

Would it mean Air India going the Jet Airways way and suspending operations?

Apex Frozen, Avanti Feeds, Jet Airways gain over 100% from 52-week lows

Dixon Tech, Shipping Corporation, Essel Propack, BF Utilities, Godawari Power, JBM Auto, Indiabulls Real Estate and RPG Lifesciences gained in the range of 104% to 153%.

Non-revival of Jet, other factors may drag passenger growth in FY20: CRISIL

On a calendar year basis, the domestic air traffic grew only 3.86 per cent in the January-November period of this year

Jet Airways hits upper circuit on report Hinduja Group may bid for airline

Last week, Jet Airways had informed the exchanges that the had CoC passed the resolution to issue fresh invitation of Expression of Interest.

Top 10 biz headlines: DHFL dues, rise in Jio users, Huawei 5G trial, & more

From DHFL's dues claim to Bharat Forge increasing stake in Aeron Systems, here are the top 10 business stories that made news on Monday

Billionaire Hinduja brothers set to bid for Jet Airways by Jan 15: Report

Deliberations are at early stage and Hinduja Group may decide against bidding, or other bidders may emerge, the people said

Airports Authority banks on non-metros for overnight parking of planes

The AAI's western region also requested the Madhya Pradesh government to reduce value-added tax (VAT) on aviation turbine in Bhopal, Indore and Jabalpur to encourage overnight parking of planes

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

In the past 10 trading days, the stock has rallied 54 per cent from the level of Rs 18.39, hit on December 11, as compared to 2.5 per cent rise in the S&P BSE Sensex during the same period

Post NCLT extension, Jet Airways' creditors decide to seek fresh bids

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday

Jet Airways' insolvency resolution extended by 90 days as bidders seek time

On Thursday, Synergy Group Jet Airways' sole potential bidder had sought more time to take a decision on investing in the grounded airline

Don't delay decision on reviving Jet Airways, NCLT tells Synergy Group

The South American group had failed to provide a resolution plan before December 16 deadline due to uncertainty on airport slots

NCLT directs Jet Airways lenders to expedite decision on fresh EOIs

The RP on December 17 had told the tribunal that until now two investors have shown interest in the airline

Jet lenders to invite fresh bids as parties are willing to revive airline

The CoC will vote on restarting the bid process on Friday and the results will be out on Saturday

Will certainly consider investors' plan for Jet's rescue: DGCA to NCLT

The NCLT will hear the Synergy Group on Thursday about the company's clarifications on its stand on the airport slots.

NCLT seeks clarity on available Jet slots from DGCA, aviation ministry

Airport slots, the permit for arrival and departure at an airport, play an important role for potential bidders to value the grounded airline

Govt should protect 'historical rights' of Jet over its slots: Employees

After Jet Airways ran out of funds, it had shut down operations on April 17 and this led to a sudden rise in domestic and international airfares