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
Jalan Kalrock Consortium to make Rs 1,375 crore cash infusion in Jet Airways
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.
Jet Airways timeline: From suspension to NCLT order on Jalan Kalrock Consortium's 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.
NCLT okays Jalan Kalrock Consortium resolution plan for Jet Airways; shares hit 5% upper circuit
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.
Jet resolution gets NCLT green light; slot crunch may derail ops
June 23, 2021 7:17 am
Jet Airways had almost 21,000 creditors seeking claims of around $6 billion.
NCLT likely to begin Jet Airways resolution plan hearing today
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.
After ‘worst year’, airlines await revival; govt to push AI, airports privatisation
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.
Jet Airways may resume operations next year
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.
Quixplained: Grounded since 2019, is there potential to revive Jet Airways?
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.
Explained: What will it take for Jet Airways to fly again?
October 30, 2020 1:47 pm
Jet Airways’ creditors have approved a resolution plan submitted by a consortium of UK-based Kalrock Capital and UAE-based businessman Murari Lal Jalan. Here's what could happen now.
Jet Airways lenders approve bid by Kalrock Capital-Murari Jalan
October 18, 2020 12:35 am
The airline, which was grounded on April 17, 2019 due to acute fund crunch under the ownership of founder Naresh Goyal, will now be controlled by Kalrock and Jalan.
