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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
Insolvency: NCLT to hear 3 pleas against Jet Airways today
June 20, 2019 4:08 am
The grounded airline owes more than Rs 8,000 crore to the consortium of banks led by SBI, while it has a much larger debt pile by way of accumulated losses, vendor and salary dues.
Jet Airways bankruptcy: NCLAT to hear SBI petition Thursday; shares tank
June 19, 2019 2:50 pm
The debt-laden company, which began operations 25 years ago, grounded its jets on April 17. Its founder and chairman Naresh Goyal stepped down a month before in March in an effort to revive the company.
SBI moves NCLT against Jet Airways; shares plunge 41%
June 19, 2019 3:10 am
Jet Airways shares plunged nearly 41 per cent on the stock exchanges following the decision of lenders to take the airline to NCLT.
Investors continue to dump Jet Airways shares; further tank 15%
June 18, 2019 2:21 pm
The once largest private sector airline, started over 25 years ago, stopped flying in April after it ran out of cash and the unpaid lessors took away most of its 100-odd operational aircraft.
Jet Airways lenders decide to refer airline to bankruptcy court
June 18, 2019 12:08 am
The fate of the airline, which shut down operations on April 17, 2019 after it ran out of cash, will be decided as per the June 7 circular of the Reserve Bank of India (RBI). Jet Airways owes over Rs 8,500 crore to lenders.
Jet Airways' lenders to take airline to bankruptcy court
June 17, 2019 6:22 pm
Once the country's biggest private carrier, Jet Airways was forced to stop flying in April after running out of cash. Its collapse has left thousands without jobs and pushed up airfares across the country.
Jet Airways shares continue downward trend, tank 15%
June 14, 2019 3:28 pm
Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28 as part of preventive surveillance measures to curb excessive volatility, according to a circular.
NCLT defers hearing on Jet Airways to June 20
June 14, 2019 4:01 am
Jet Airways halted operations on April 17 after lenders refused to provide emergency funding.
NCLT adjourns hearing on Jet Airways to June 20
June 13, 2019 5:40 pm
These two companies had on June 10 dragged the airline to the NCLT seeking bankruptcy proceedings. The airline, which was grounded on April 17, owes Rs 8.74 crore to Shaman Wheels and Rs 53 lakh to Gaggar Enterprises.
Jet Airways shares tank over 23% after bourses announce trading restrictions
June 13, 2019 1:55 pm
Cash-starved Jet Airways suspended operations in April and lenders are working on ways for revival of the airline.
