Page 15 - Jet Airways

Jet creditors seek 90-day extension in insolvency resolution process

Synergy Group is the only interested entity shortlisted by the Resolution Professional's team to file a plan for the defunct airlines

Providing jobs to former Jet employees not in our domain: Govt in RS

According to Minister of Civil Aviation Hardeep Singh Puri, it is the job of the management of an airline to keep it afloat.

Flogging a dead horse

The rest periods of pilots have been reduced from what is mentioned in the civil aviation requirement rules

Synergy group gets a month to submit resolution plan for Jet Airways

It had been given time till November 15 to submit its bid. However, the group sought more time as it seeks clarity on airport slots in India and London

Synergy group seeks time till February to submit Jet resolution plan

Group seeks clarity on securing airport slots in India and London; airline's lenders to meet next week to consider its request

Moving on from gloomy past: JetPrivilege loses the jet, gains new identity

The defunct airline's loyalty programme rebrands itself, calls itself InterMiles and gets a new logo as it looks to live down its past

Jet Airways, Naresh Goyal under SFIO lens; stock hits lower circuit

The grounded Jet Airways owes over Rs 8,000 crore to its lenders. Besides, the airline is estimated to have a total liability of about Rs 25,000 crore which includes dues of operational creditors.

Jet Airways, Naresh Goyal under SFIO probe for 'siphoning off' money

The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal

It's peak season but air tickets are going cheap, thanks to price war

Many analysts had hoped that, with less competition, airlines would regain their pricing power and air fares would move northwards

Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618

When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January

Grounded Jet Airways still flying on the bourses, up 44% in 9 days

The stock, which could be out of most investors' portfolios by now, steadily gained nearly 45 per cent in just the past nine trading sessions, surprising analysts and investors alike

Arrest of Mirchi's aide turns the spotlight on corporate-underworld nexus

History shows that links between corporate powerhouses and terror financing are not new. Nor are they restricted to industries such as cinema or real estate

Festive season fails to lift air travel demand despite flash sales

Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying

Former Jet Airways CEO Vinay Dube joins GoAir in advisory role

Dube boarded the Wadia group-promoted carrier last week, the source added

Jet Airways' RP hints at giving more time to Synergy to submit bid

Synergy Aerospace is still doing due diligence of Jet Airways, which was admitted for the insolvency on June 20, the airlines resolution professional Ashish Chhauchharia told the NCLT

SpiceJet may take more of Jet Airways' 737 MAX planes, says chairman

The grounding of MAX planes has hurt SpiceJet's capacity expansion and international plans and raised costs

NCLAT decision on Jet's CoC meetings a welcome signal to foreign investors

The NCLAT's decision is based on a 'Cross Border Insolvency Protocol' agreed upon by the Dutch insolvency court administrator and the Indian Resolution Professional of debt-laden Jet Airways

NCLAT allows Jet Airways' Dutch insolvency court to be part of CoC

Experts say ruling likely to break fresh grounds on cross-border insolvency norms

NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings

The grounded Jet Airways owes more than Rs 8,500 crore to lenders

NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days

Some lenders like Yes Bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank are yet to release their portion