Page 9 - Jet Airways

Former Jet Airways CEO Vinay Dube plans to launch a new airline in 2021

Dube has teamed up with his airline colleagues Praveen Iyer and Nikhil Ved for the venture and has held talks with aircraft manufacturers Airbus and Boeing

Large firms may start business travel from FY22: MakeMyTrip's Rajesh Magow

"I think this winter, domestic traffic should come back to the pre-Covid level," says CEO Magow

DGCA, aviation ministry refuse to give assurance on Jet Airways slots issue

Any request of the resolution applicant (Jet Airways) for allocation of slots would be considered as per the existing policy and procedure, affidavit said

Jet Airways cannot claim historical right on airport slots: Govt to NCLT

The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy

Stocks to watch: Heranba Industries, Wipro, IB Housing Fin, Jet Airways

Indiabulls Housing Finance has raised $150 million by issuing foreign currency convertible bonds, the company said

Top headlines: Money laundering case on Franklin, APSEZ to buy 31.5% in GPL

The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note

Govt non-committal on Jet Airways' historical rights on flight slots

DGCA and Civil Aviation ministry informed the Mumbai bench of NCLT that Centre will favourably consider application of slots to revive the company

Stocks to watch: Nestle, TCS, Titan, SIS, Poly Medicure, Brookfield REIT

Titan's subsidiary CaratLane Trading has incorporated a wholly-owned subsidiary 'StudioC Inc' and acquired 100 per cent of the total share capital worth $1,50,000

Top headlines: Adani Group may bid via MIAL, new rules for FB, Twitter

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session

Kalrock-Jalan consortium to invest Rs 1,375 crore in debt-laden Jet Airways

The amount would be utilised for start-up expenses and paying creditor dues, it is learnt

NCLT rejects applications seeking copy of Jet Airways' resolution plan

In January, the Jet Airways Aircraft Maintenance and Engineers Workers Association (JAMEWA) had filed an application in the NCLT to expedite the insolvency process of the grounded airline

Tribunal rejects petition by employees of debt-laden Jet Airways

A committee of creditors had, in October, approved of the resolution plan submitted by UAE businessman Murari Lal Jalan and Kalrock Capital

Top headlines: RBI buys bonds, Tatas outdo Sensex under Chandrasekaran

The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced OMOs

Govt has assured we will get back slots of Jet Airways: Murari Lal Jalan

In a Q&A, the UAE-based acquirer of the bankrupt airline, dwells on the opportunities he sees in restarting it

Jalan-Kalrock expects to restart Jet Airways in 4-6 months after NCLT nod

Jalan Kalrock Consortium, the winning bidder for Jet Airways, expects to restart operations of the defunct airline in four to six months after receiving approval from the NCLT for its resolution plan.

GoAir's chances of thriving may depend on the promoters taking a back seat

GoAir's failure to retain senior management has been ascribed to the classic weakness of Indian promoters

Grounded airline Jet Airways reports Rs 2,841 cr loss for 2019-20

During the 2019-20 financial year, the airline had a total income of Rs 354.2 crore, the company said in a filing to the BSE

Kalrock-Jalan consortium confident of getting NCLT nod for Jet revival plan

The consortium wants to restart Jet Airways as a full service airline with bases in Mumbai, Delhi and Bengaluru

Jet Airways engineers' body files NCLT application for quick resolution

The Jet Airways Aircraft Maintenance and Engineers Workers Association (JAMEWA) has filed an application with the NCLT to expedite the insolvency process of the airlines

RBI tweaks FEMA regulations, gives wings to recycling of aircraft

Till now, export of planes in knocked-down condition was not allowed