Jet Airways Resolution Plan

The Mumbai bench of National Company Law Tribunal has approved resolution plan for Jet Airways submitted by the Kalrock Capital and Murari Lal Jalan consortium

Jet Airways Share Price: Share price of Jet Airways gained more than four per cent on Tuesday, June 22, after the National Companies Law Tribunal (NCLT) accepted its resolution plan

National Companies Law Tribunal (NCLT) has approved revival plan submitted by Kalrock-Jalan consortium plan.

Jet Airways once operated a fleet of more than 120 planes serving dozens of domestic destinations and international hubs such as Singapore, London and Dubai.

It is unlikely that Jet Airways will fly again as none of the 3 suitors, which had expressed interest, submitted a resolution plan by the deadline.

Jet Airways share price surged for second day in a row, rising as much as 8.80 per cent to Rs 276.90 on the BSE. In yesterday's session Jet Airways share price rose 13 per cent.

Gains in Sensex and Nifty were capped as Infosys, ITC, Tata Consultancy Services and HDFC Bank were witnessing a mild selling pressure.

Jet Airways shares ended 12.69 per cent higher ahead of the announcement of chairman Naresh Goyal stepping down from the cash-strapped airline. The stock outperformed the S&P BSE Sensex which closed 0.9 per cent lower.

Jet Airways' pilots have threatened to stop flying from April 1 if the cash-strapped airline does not have a rescue plan in place by March 31, a trade union said on Tuesday. The airline's pilots union has also said that it seeks a proper roadmap from the airline by March 31 on paying their overdue salaries. "We have decided that either the manageme...

Etihad Airways' board is meeting in Abu Dhabi to discuss the resolution plan for Jet Airways. The Gulf-based carrier holds 24% stake in the airline.

On February 14, Jet Airways' board approved a Bank-Led Provisional Resolution Plan (BLPRP), whereby lenders would become the largest shareholders in the airline.

Jet Airways said various options are yet to be crystallised and agreed to by the stakeholders in the best interests of the company.

The Mumbai bench of National Company Law Tribunal has approved resolution plan for Jet Airways submitted by the Kalrock Capital and Murari Lal Jalan consortium

Jet Airways Share Price: Share price of Jet Airways gained more than four per cent on Tuesday, June 22, after the National Companies Law Tribunal (NCLT) accepted its resolution plan

National Companies Law Tribunal (NCLT) has approved revival plan submitted by Kalrock-Jalan consortium plan.

Jet Airways once operated a fleet of more than 120 planes serving dozens of domestic destinations and international hubs such as Singapore, London and Dubai.

It is unlikely that Jet Airways will fly again as none of the 3 suitors, which had expressed interest, submitted a resolution plan by the deadline.

Jet Airways share price surged for second day in a row, rising as much as 8.80 per cent to Rs 276.90 on the BSE. In yesterday's session Jet Airways share price rose 13 per cent.

Gains in Sensex and Nifty were capped as Infosys, ITC, Tata Consultancy Services and HDFC Bank were witnessing a mild selling pressure.

Jet Airways shares ended 12.69 per cent higher ahead of the announcement of chairman Naresh Goyal stepping down from the cash-strapped airline. The stock outperformed the S&P BSE Sensex which closed 0.9 per cent lower.

Jet Airways' pilots have threatened to stop flying from April 1 if the cash-strapped airline does not have a rescue plan in place by March 31, a trade union said on Tuesday. The airline's pilots union has also said that it seeks a proper roadmap from the airline by March 31 on paying their overdue salaries. "We have decided that either the manageme...

Etihad Airways' board is meeting in Abu Dhabi to discuss the resolution plan for Jet Airways. The Gulf-based carrier holds 24% stake in the airline.

On February 14, Jet Airways' board approved a Bank-Led Provisional Resolution Plan (BLPRP), whereby lenders would become the largest shareholders in the airline.

Jet Airways said various options are yet to be crystallised and agreed to by the stakeholders in the best interests of the company.