Page 6 - Jet Airways

Jet Airways appoints Priyapal Singh as its 'accountable manager'

Grounded carrier Jet Airways has appointed Priyapal Singh as its 'accountable manager', replacing Sudhir Gaur who resigned from the company late last year, an airline source said on Friday. A seasoned pilot, Singh took over the charge of the position in January, according to the source. The source also said that immediately after assuming the position, Singh along with the Jet Airways team met the DGCA officials and discussed various issues concerning the re-launch of operations. The consortium had on December 17 last year said Jet Airways 2.0 plans to start domestic operations at the earliest in 2022 as a full-service carrier. Singh, a squadron leader with IAF who has been associated with Jet Airways and JetLite in various capacities prior to its grounding in April 2019, moved back to Jet, which is now owned by the Murari Lal Jalan-Kalrock consortium, from the Nepal Airlines Corporation. "The new Accountable Manager Captain Priyapal Singh took over the charge on January 24 and th

Jet Airways 2.0 faces turbulence before take-off?

The acting CEO of Jet Airways quit this week. The date to seek regulatory permissions for restarting the airline has also been extended twice. Why is the re-launch of Jet Airways looking turbulent?

TMS Ep81: Jet Airways, Elizabeth Holmes, Q3 results, Consolidated Fund

Jet Airways 2.0 faces turbulence before take-off? Lessons for investors from Elizabeth Holmes' fall? Will Q3 earnings surprise Dalal Street? What is the Consolidated Fund of India? All answers here

Jet Airways says its VP-operations Sudhir Gaur has quit the company

Jet Airways on Wednesday said its VP-operations, Sudhir Gaur, who was designated as the airline's 'accountable manager', has quit the company. The grounded airline, which is expected to resume operations this year under its new promoters Murari Lal Jalan-Kalrock consortium, in a regulatory filing clarified that Gaur was not the interim CEO of the company. It also said the Monitoring Committee at its meeting on January 5 has provided its "in-principle approval" to the nomination of Priyapal Singh as the new 'accountable manager' of the company. Jet Airways ceased operations in April 2019. "Sudhir Gaur is not the 'interim CEO' of the company as reported by certain news agencies. Gaur, who recently resigned from the company, was employed in July 2021 as VP- Operations and designated as the 'accountable manager' of the company (for the purposes of the requirements under civil aviation laws and regulations)," Jet Airways said in the filing. It said that the day-to-day operations and ..

Ahead of planned 2022 takeoff, Jet Airways sees spate of senior-level exits

Replacement for accountable manager Sudhir Gaur finalised; no immediate confirmation of replacements for finance and MIS heads

New Jet Airways owners may infuse around Rs 1,500 crore in first tranche

The investment announcement comes days before the deadline fixed by the lenders, funding shortage has been hurting revival plans of the airline

Jalan-Kalrock consortium approaches NCLT to fast-track Jet resolution

The consortium said it plans to restart domestic operations at the earliest in 2022 as a full-service carrier

Jet in 'advanced discussions' with Boeing, Airbus for buying aircraft

Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in "advanced discussions" with Boeing and Airbus for buying and leasing planes.

Jet Airways says in 'advanced discussions' with Boeing, Airbus for aircraft

The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.

Jet Airways in talks with Boeing, Airbus for $12-bn order: Report

The news on Jet comes a month after billionaire investor Rakesh Jhunjhunwala-backed low cost Indian carrier Akasa Air placed a $9 billion order for 72 Boeing 737 MAX jets

Defunct carrier Jet Airways posts Rs 306 cr loss in September quarter

The once-storied full service carrier recognised a loss of Rs 244.98 crore in relation to the sale of an aircraft

Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid

FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today

Top headlines: Govt plans IDBI sale; chief economist Gopinath to leave IMF

India's drug regulator is examining recommendation by experts for approving Bharat Biotech's Covaxin for children. More in top headlines this morning.

Jet Airways was one of the toughest assignments as SBI chief: Rajnish Kumar

In his book titled 'The Custodian of Trust', Kumar said SBI board wanted letter of support from govt before approving Jet Airways resolution plan

Jet Airways staff approaches labour dept over non-payment of gratuity

The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 crorE

The Morning Show, Ep 1: Jet Airway, Indian economy, and the middle class

Is the economic recovery at the cost of the middle class? Will Jet Airways' take-off after a lull be smooth? Is stock frenzy based on irrational exuberance? Listen to this podcast for answers

Jet Airways to have over 100 aircraft in 5 years; HQ will shift to Gurugram

First flight between Delhi & Mumbai in Q1 of 2022

Jet Airways to resume domestic operations in first quarter of 2022

The Jalan Kalrock Consortium, the successful resolution applicant of the carrier, announced on Monday

Boeing 777 held by Dutch sold; insolvency process to close now: Jet Airways

Jet Airways said one of Boeing 777 aircraft, which was under the custody of Dutch Administrator due to insolvency proceedings in Netherlands is sold, and proceedings to be utilised to close process

NCLAT issues notice over PNB's plea against Jet Airways resolution plan

The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional