Jet Airways Grounding
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1.48 Lakh Jet Airways Retail Shareholders' Fate Uncertain After Liquidation Order
The fate of around 1.48 lakh retail shareholders who hold around 20 per cent stake in the beleaguered Jet Airways remains uncertain after the Supreme Court ordered the liquidation of Naresh Goyal-led grounded airline.
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No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
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High Court Extends Naresh Goyal's Interim Bail In Probe Agency Case By 2 Months
The Bombay High Court on Wednesday extended by two months the interim bail on medical grounds granted to Jet Airways founder Naresh Goyal, accused in a money laundering case.
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Jet Airways Winning Bidder Withdraws Plea To Put Rs 200 Crore In Escrow
The Jalan Kalrock Consortium (JKC), the successful bidder of the grounded Jet Airways, on Tuesday withdrew its plea before the NCLAT to move Rs 200 crore, which it paid to lenders, to an escrow account.
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Jet Airways Founder Naresh Goyal Granted Interim Bail For 2 Months On Medical Grounds
The Bombay High Court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case.
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Court Denies Bail To Jet Airways Founder Naresh Goyal On Health Grounds
A special court here on Wednesday denied bail on health grounds to Jet Airways founder Naresh Goyal in a money-laundering case.
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Jet Airways' Revival Uncertain As Air Operator's Certificate Expires
Uncertainty continues over the revival of grounded Jet Airways as the validity of the airline's air operator's certificate expires on Friday.
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"Wish Them The Very Best": Jet Airways CEO-Designate Sanjiv Kapoor On Quitting
Sanjiv Kapoor, the CEO-designate of Jet Airways, has left the company just a year after joining the grounded carrier. Mr Kapoor joined Jet Airways in April last year.
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Jet Airways Reports Rs 234 Crore Loss In March Quarter
Jet Airways, which remains grounded for over two years, on Thursday reported a standalone net loss of Rs 233.63 crore for the three months ended March.
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Jet Airways, Grounded For 3 Years, To Start Flying Again
Jet Airways was granted the permit today to resume commercial flights by the aviation regulator Directorate General of Civil Aviation (DGCA).
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"Jet Airways 2.0 Will Fly Again By 2021 End," Says Man Handling Revival
On a day the National Companies Law Tribunal cleared the revival plan for the grounded Jet Airways, the consultant readying the airline's new avatar said it will take to the skies again by the end of 2021.
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What To Do With Two-Thirds Of The World's Jets When They Can't Fly
The skies are eerily empty these days, presenting a new challenge for the world's embattled airlines as they work to safeguard thousands of grounded planes parked wingtip to wingtip on runways and in storage facilities.
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SpiceJet Could Take More Of Jet Airways' 737 MAX Planes, Says Chairman
Low-cost carrier SpiceJet Ltd may consider taking some of the Boeing 737 MAX planes that were due to be delivered to now bankrupt Jet Airways but are still sitting in Seattle, its chairman said on Friday.
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Body Of Suspected Stowaway Who Fell From Jet 'Landed Next To Sunbather'
The body of a suspected stowaway who fell to his death from a Kenya Airways plane landed next to a man sunbathing in his garden in south-west London, a neighbour said.
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British Airways Owner IAG Signs Deal To Buy 200 Boeing 737 Max Planes
Boeing's grounded 737 MAX jet received a boost after British Airways-owner IAG signed a letter of intent to order 200 of the planes and said it was confident that it would return to service in the coming months. Boeing said the deal had a value of more than $24 billion at list prices.
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1.48 Lakh Jet Airways Retail Shareholders' Fate Uncertain After Liquidation Order
The fate of around 1.48 lakh retail shareholders who hold around 20 per cent stake in the beleaguered Jet Airways remains uncertain after the Supreme Court ordered the liquidation of Naresh Goyal-led grounded airline.
-
No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation
Jet Airways' grounded assets will be liquidated, the Supreme Court said, invoking 'extraordinary' powers under Article 142 to set aside a National Company Law Appellate Tribunal decision upholding resolution and approving transfer of ownership.
-
High Court Extends Naresh Goyal's Interim Bail In Probe Agency Case By 2 Months
The Bombay High Court on Wednesday extended by two months the interim bail on medical grounds granted to Jet Airways founder Naresh Goyal, accused in a money laundering case.
-
Jet Airways Winning Bidder Withdraws Plea To Put Rs 200 Crore In Escrow
The Jalan Kalrock Consortium (JKC), the successful bidder of the grounded Jet Airways, on Tuesday withdrew its plea before the NCLAT to move Rs 200 crore, which it paid to lenders, to an escrow account.
-
Jet Airways Founder Naresh Goyal Granted Interim Bail For 2 Months On Medical Grounds
The Bombay High Court on Monday granted interim bail for two months on medical grounds to Jet Airways founder Naresh Goyal, who has been arrested by the Enforcement Directorate (ED) in a money laundering case.
-
Court Denies Bail To Jet Airways Founder Naresh Goyal On Health Grounds
A special court here on Wednesday denied bail on health grounds to Jet Airways founder Naresh Goyal in a money-laundering case.
-
Jet Airways' Revival Uncertain As Air Operator's Certificate Expires
Uncertainty continues over the revival of grounded Jet Airways as the validity of the airline's air operator's certificate expires on Friday.
-
"Wish Them The Very Best": Jet Airways CEO-Designate Sanjiv Kapoor On Quitting
Sanjiv Kapoor, the CEO-designate of Jet Airways, has left the company just a year after joining the grounded carrier. Mr Kapoor joined Jet Airways in April last year.
-
Jet Airways Reports Rs 234 Crore Loss In March Quarter
Jet Airways, which remains grounded for over two years, on Thursday reported a standalone net loss of Rs 233.63 crore for the three months ended March.
-
Jet Airways, Grounded For 3 Years, To Start Flying Again
Jet Airways was granted the permit today to resume commercial flights by the aviation regulator Directorate General of Civil Aviation (DGCA).
-
"Jet Airways 2.0 Will Fly Again By 2021 End," Says Man Handling Revival
On a day the National Companies Law Tribunal cleared the revival plan for the grounded Jet Airways, the consultant readying the airline's new avatar said it will take to the skies again by the end of 2021.
-
What To Do With Two-Thirds Of The World's Jets When They Can't Fly
The skies are eerily empty these days, presenting a new challenge for the world's embattled airlines as they work to safeguard thousands of grounded planes parked wingtip to wingtip on runways and in storage facilities.
-
SpiceJet Could Take More Of Jet Airways' 737 MAX Planes, Says Chairman
Low-cost carrier SpiceJet Ltd may consider taking some of the Boeing 737 MAX planes that were due to be delivered to now bankrupt Jet Airways but are still sitting in Seattle, its chairman said on Friday.
-
Body Of Suspected Stowaway Who Fell From Jet 'Landed Next To Sunbather'
The body of a suspected stowaway who fell to his death from a Kenya Airways plane landed next to a man sunbathing in his garden in south-west London, a neighbour said.
-
British Airways Owner IAG Signs Deal To Buy 200 Boeing 737 Max Planes
Boeing's grounded 737 MAX jet received a boost after British Airways-owner IAG signed a letter of intent to order 200 of the planes and said it was confident that it would return to service in the coming months. Boeing said the deal had a value of more than $24 billion at list prices.
