July 07, 2021 12:10 am
On June 22, the NCLT gave its nod for the consortium’s resolution plan, subject to conditions.
July 01, 2021 1:07 pm
Grounded carrier Jet Airways on Wednesday reported a loss of Rs 153.35 crore for the June quarter of the last financial year.
July 01, 2021 1:08 pm
Lenders will take a steep haircut on their admitted claims of over Rs 7,800 crore under the approved resolution plan.
June 22, 2021 5:12 pm
Jet Airways has been undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC) for two years.
June 22, 2021 3:26 pm
The Jet Airways stock was locked at Rs 99.45 apiece on both the BSE and National Stock Exchange (NSE), up 4.96 per cent from the previous close.
June 23, 2021 7:17 am
Jet Airways had almost 21,000 creditors seeking claims of around $6 billion.
February 22, 2021 11:51 pm
Last year in October, the creditors of Jet Airways approved a resolution plan submitted by a consortium of UK-based Kalrock Capital and UAE-based businessman Murari Lal Jalan.
January 04, 2021 1:12 pm
While restrictions on travel have not been fully lifted, airlines are looking at potential revival of fortunes with the vaccine rollout.
December 07, 2020 11:59 pm
Announcing the revival, the promoters said the “Jet 2.0 programme is aimed at reviving the past glory of Jet Airways” with a fresh set of processes and systems to ensure greater efficiency and productivity across all routes.
November 03, 2020 2:18 pm
When Jet Airways was grounded in 2019, the slots that were under use by the airline were re-allocated to other domestic airlines by the government, given the severe crunch of available slots at key airports like Delhi and Mumbai.
April 19, 2019 9:47 am
The airline will need at least Rs 5,000-6,000 crore for revival and get back to normalcy. The company said it will now await the bid finalisation process by SBI and the consortium of Indian lenders.
December 22, 2015 3:55 pm
Jet Airways passenger bus rams into stationary Air India flight at Kolkata airport, no casualties.
November 14, 2014 5:49 pm
Former cricketer Sachin Tendulkar met with under-privileged children at a domestic airport terminal in Mumbai on the eve of Children’s Day on Thursday (November 13).
June 22, 2020 6:15 pm
The passengers on a Jet Airways Mumbai-Jaipur flight suffered nose and ear bleeding on Thursday after the crew forgot to maintain cabin pressure. The flight had to turn back and the crew was taken off duty.
June 22, 2020 6:20 pm
Domestic airlines have reported the number of technical snags they have experienced. Of them all, IndiGo's numbers jump out, because it first reported 340 odd snags and when rivals reported the number suspect, it was revised to over 14,000 snags.
June 22, 2020 7:09 pm
June 22, 2020 7:16 pm
February 09, 2016 8:17 am
New Delhi, Feb 8 (ANI): Speaking on the on-going Sonu Nigam's Jet Airways controversy, singer Kavita Krishnamurthy supported her counterpart, saying that suspension was a harsh decision. Sonu Nigam recently made headlines for performing on medley of songs on the Jet Airways flight, following which the airline has suspended the entire cabin crew of that flight. The 'Bole Chudiyan' songstress, who has worked with a variety of music composers including R. D. Burman, Hamsalekha and A. R. Rahman, was recently spotted at a musical night 'Basant Ke Rang' held in the national capital. Others who performed at the event were singer Shabir Kumar, and `Uttaran` famed TV star Sreejita among others.