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
NCLAT gives Jet consortium more time to clear SBI dues
May 27, 2023 12:19 am
The NCLAT also pulled up SBI for threatening to invoke bank guarantees instead of cooperating with JKC in implementing the resolution plan.
Rs 538-crore bank fraud case: CBI searches seven premises of Jet Airways, its founder Naresh Goyal, wife & others in Mumbai
May 05, 2023 10:08 pm
The allegations pertain to alleged diversion of funds among other irregularities, officials said.
Aviation stocks jump after Go First insolvency announcement; IndiGo, SpiceJet rise
May 03, 2023 4:03 pm
Jet Airways was locked in the upper circuit limit today. The stock was trading 5 per cent higher at Rs 60.59 on BSE.
Jet Airways CEO Designate Sanjiv Kapoor quits
April 28, 2023 11:19 pm
The source said that Friday was the last working day for Kapoor at the airline.
Jet Airways case: HC permits Anita Goyal to travel abroad for a month to visit son
April 19, 2023 1:17 am
Last week, Goyal and Anita had filed interim applications in their plea challenging the Look Out Circulars (LOCs) issued by the central government. Through the application, they sought permission to travel outside India for a period of one month to meet their son in Dubai.
Jet Airways CEO-designate tweet comparing Dubai, India metro stations triggers aesthetics debate
March 20, 2023 8:01 am
"Bangalore, Gurgaon, Kolkata... why are our overground/ overhead metro stations such artless concrete eyesores? Take a look at Dubai (right) compared to Bangalore (left). And this Dubai station was probably built 10 years ago!," he said in the tweet on Saturday.
Jet Airways: Bombay High Court quashes money laundering case against Naresh Goyal, wife
February 24, 2023 7:07 am
A division bench of Justice Revati Mohite-Dere and Justice Prithviraj K Chavan passed an order in a plea filed by the Goyals, seeking to quash the Enforcement Case Information Report (ECIR) lodged by the central agency
Jet consortium gets no SC relief; will pay PF, gratuity dues to staff
January 31, 2023 12:22 am
In a January 13, 2023 order, the National Company Law Tribunal (NCLT) had approved transfer of Jet ownership to JKC.
NCLT allows Jet Airways ownership transfer to Jalan-Kalrock consortium
January 14, 2023 12:23 am
The Mumbai bench of the tribunal also gave the consortium six months’ time beyond November 16, 2022 to make payments to lenders. With this, the consortium will have time till mid-May 2023 to make payments to all the creditors and employees.
Jet Airways creditors at odds with owners over recovery plan: Report
November 29, 2022 11:28 am
Creditors may approach India's aviation ministry to seek approval to liquidate Jet's assets if there is no resolution on Tuesday in a critical court hearing, a senior banker said.
