Journalism of Courage
JET Airways
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Jet Airways: A Rise, Fall, and Final Demise Jet Airways, once a dominant player in India's aviation sector, commenced operations in 1993, evolving from an air taxi service to a full-service airline by 1995. International flights were added in 2004, followed by an initial public offering in 2005. The...
- Founded 1 April 1993
- Headquarters Mumbai, Maharashtra, India
- Key people Murari Lal Jalan (non-executive Chairman)
- Revenue ₹252 billion (US$2.9 billion) (FY 2017-18)
- Subsidiaries JetKonnect
- Website www.jetairways.com
Related Other Pages:
- Vistara, SpiceJet and Air Canada
JET Airways history
Last Updated : 11/03/25, 07:03 AM
Jet Airways: A Tumultuous Journey Jet Airways, granted scheduled airline status in 1995, rapidly expanded its domestic network. Early success saw it secure a significant market share, fueled by a substantial Boeing aircraft order. The airline's trajectory changed in 1997 when the Indian government r...
JET AIRWAYS NEWS
Give Rs 18,000 crore guarantee to travel out of India, Delhi HC tells Naresh Goyal
July 10, 2019 5:18 am
Additional Solicitor General Maninder Acharya, appearing for the ministry concern, apprised the court that an investigation by the Serious Fraud Investigation Office (SFIO) pertains to a fraud of Rs 18,000 crore.
Deposit Rs 18,000 crore guarantee to go abroad: Delhi HC to Naresh Goyal
July 09, 2019 4:10 pm
The Delhi High Court also sought the Centre’s response on his plea challenging a Look-Out-Circular (LOC) issued against former Jet Airways chairman Naresh Goyal.
Delhi HC judge recuses from hearing Jet Airways founder Naresh Goyal's plea against LOC
July 06, 2019 8:49 am
According to Goyal's plea, the LOC was issued against him on the request of the Serious Fraud Investigation Office (SFIO) which comes under the Ministry of Corporate Affairs (MCA).
Centre orders probe into Jet Airways over alleged mismanagement of funds
July 04, 2019 10:28 pm
The cash-strapped company became the first domestic airliner to go into bankruptcy after the Mumbai bench of the National Company Law Tribunal (NCLT) admitted an insolvency petition filed by SBI on behalf of 26 lenders on June 20.
Justice, law and change
June 28, 2019 12:20 am
India’s policy choices around bankruptcy represent a rupture with the past. But there is work yet to be done
‘SpiceJet, IndiGo gain most from downfall of Jet Airways; market share likely to rise by 5-6 per cent’
June 27, 2019 3:05 am
On the back of these new slots, a research report by securities firm Elara Capital said, the market share of low-cost carriers SpiceJet, IndiGo and GoAir are expected to go up by 6 per cent, 5 per cent and 2 per cent, respectively.
Insolvency proceedings initiated against Jet Airways
June 23, 2019 8:47 pm
The cash-strapped company became the first domestic airliner to go into bankruptcy after the Mumbai bench of the National Company Law Tribunal admitted an insolvency petition filed by SBI on behalf of 26 lenders on June 20.
Etihad conditions for Jet Airways not feasible: SBI
June 22, 2019 1:12 am
“Subsequent to the closure of the bidding, as no binding bids were received, discussions were held with Etihad (EY) and other prospective investors to find a way for infusion of funds. Etihad had sought certain relaxations viz. waiver of open offer, assurance of flying slots etc,” it said.
NCLT admits insolvency plea against Jet Airways; shares zoom over 137% intra-day
June 21, 2019 3:40 am
The stock spurted 186 per cent to hit an intraday high of Rs 77.35 after hitting a record low of Rs 27 (down 33.1 per cent intra-day) in the morning session on the BSE. The stock ended the day at Rs 64.00, up Rs 30.90 or 93.35 percent on the BSE.
Jet Airways shares bounce back, rise by 19%
June 20, 2019 12:16 pm
Despite a weak opening, where the scrip hit an all-time low of Rs 27, it later pared the losses and jumped 16.16 per cent to Rs 38.45 on the BSE.
