Jet Airways Liquidation
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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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Jet Airways To Get $35 Million From Frequent Flyer Programme: Report
Sources in the aviation industry in Abu Dhabi have confirmed to ANI that Etihad Airways has green lighted JPPL, Jet's Frequent Flyer Programme which is majority-owned by Etihad, to enter into an agreement that will provide Jet immediate liquidity of $35 million to help it meet some of its current obligations including staff salaries.
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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.
-
Jet Airways To Get $35 Million From Frequent Flyer Programme: Report
Sources in the aviation industry in Abu Dhabi have confirmed to ANI that Etihad Airways has green lighted JPPL, Jet's Frequent Flyer Programme which is majority-owned by Etihad, to enter into an agreement that will provide Jet immediate liquidity of $35 million to help it meet some of its current obligations including staff salaries.
