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
ED chargesheet shows prima facie involvement of Naresh Goyal & wife, siphoning of funds: court
November 04, 2023 10:35 am
A consortium of banks had given loans to Jet Airways (India) Ltd for its operational work.
ED attaches Rs 538-crore worth properties of Jet, Goyal family
November 02, 2023 2:28 am
Jet Airways siphoned off Rs 5,716 cr in loans from consortium of banks led by SBI, PNB
ED attaches assets worth Rs 538 crore of Jet Airways, Naresh Goyal family in PMLA case
November 01, 2023 10:00 pm
Investigations revealed Jet Airways siphoned loans from consortium of banks led by SBI and PNB
ED files chargesheet against Naresh Goyal; names wife, 4 other firms
November 01, 2023 2:05 am
According to the bank’s complaint, Jet Airways was dealing with Canara Bank since 2005, and all exposures were under the State Bank of India-led consortium agreement.
Court allows home-cooked food for Naresh Goyal in jail
October 22, 2023 1:03 pm
Last month, Goyal had sought proper bedding facilities in jail citing his health issues, including having undergone a bypass surgery, diabetes, asthma, restricted mobility, neck pain and spine issues, due to a fall in June 2022.
Naresh Goyal’s arrest for loan fraud ‘legal’, his ‘non-cooperation’ slowed probe’s pace: ED tells HC
October 08, 2023 8:56 pm
The ED said his arrest was necessary as Goyal was “highly uncooperative, recalcitrant, evasive and suspicious in his statements and conduct” and his non-cooperation had slowed the pace of investigation.
Jalan Kalrock Consortium infuses Rs 100 crore in Jet Airways
September 29, 2023 12:03 pm
The JKC (Jalan Kalrock Consortium) "fulfilled" its total financial commitment of Rs 350 crore to revive the airline, which would pave the way for it to take over the ownership of Jey Airways, it said in a statement.
Court seeks Naresh Goyal’s medical report after he complains of health issues
September 28, 2023 6:25 pm
Canara Bank fraud case: ED summons UAE-based ex-promoter of Jet Airways
September 25, 2023 12:14 pm
Goyal Gardi was also summoned by the ED in a FEMA case, but he never appeared before the agency.
Bombay HC gives ED 2 weeks to reply to Jet Airways founder Naresh Goyal's plea against ‘illegal arrest’
September 21, 2023 1:10 am
Naresh Goyal challenged his arrest in connection with the alleged laundering of a Rs 538.62-crore loan given by Canara Bank; court said Goyal had the liberty to file a bail plea.
