Jet Airways
- Business
Jet Airways to start domestic operations from first quarter of 2022
New Delhi: Jet Airways will start domestic operations in the first quarters of 2022, the Jalan Kalrock consortium, the successful resolution applicant of the airways said on Monday. The airline intends to…
- India
ED raids 12 locations of former Jet Airways chairman Goyal
New Delhi: The Enforcement Directorate (ED) on Friday carried out searches at locations of Jet Airways founder Naresh Goyal in connection with a Foreign Exchange Management Act (FEMA) case. The raids were…
- India
Jet Airways employees to hold protest on Tuesday
New Delhi [India]: In a final call to save Jet Airways, the employees of the airline will protest at Jantar Mantar here on Tuesday. The employees will protest in order to ensure…
- India
Revival of Jet Airways possible only under IBC: Hardeep Puri
New Delhi The Central government on Thursday ruled out raising funds for the beleaguered Jet Airways and asserted that its revival was now possible only under Insolvency & Bankruptcy Code (IBC). “Each…
- News
Jet Airways row: Delhi HC to hear Naresh Goyal’s plea seeking quashing of Look Out Circular today
New Delhi: The Delhi High Court is scheduled to hear on Friday a petition filed by former Jet Airways chairman Naresh Goyal seeking quashing of the Look Out Circular (LOC) issued against…
- Business
Jet Saga: Buyers await regulator’s scrutiny of airline’s flying license
NEW DELHI: With prospective buyers lining up to take a shot at bagging Jet Airways cheap, its prime asset — the flying license — is under the aviation regulator’s scrutiny that might…
- Business
Employee consortium, AdiGroup to bid for 75 pc stake in Jet Airways
New Delhi: Jet Airways Employee Consortium on Friday announced their partnership with AdiGroup to bid for the acquisition of 75 percent stake in debt-ridden Jet Airways through the National Company Law Tribunal…
- Stock Market
Equities fall amid weak sentiment ahead of GST Council meet
Mumbai: Equity benchmark indices were in the negative zone during early hours on Friday amid subdued Asian markets as investors awaited the outcome of GST Council meet later during the day. At…
- News
NCLT admits insolvency plea by SBI against Jet Airways
Mumbai (Maharashtra): The local bench of National Company Law Tribunal (NCLT) on Thursday admitted the insolvency application filed by the State Bank of India (SBI) against grounded Jet Airways. A Bench of…
- Stock Market
Equities trade volatile, Jet stocks slide further by 10 pc
Mumbai (Maharashtra): Equity benchmark indices opened with a positive bias on Tuesday but see-sawed during early hours in the absence of fresh catalysts. At 10:15 am, the BSE S&P Sensex was up…
- Business
Lenders to take Jet Airways to NCLT, revival hope gets bleaker
NEW DELHI: The future of the grounded Jet Airways just got a shade bleaker on Monday with the lenders, led by State Bank of India (SBI), deciding to initiate bankruptcy proceedings against…
- News
Jet stocks plunge 16% as surveillance measures to kick in soon
Mumbai: After hitting an all-time low of Rs 84.80 per share, Jet Airways’ scrips closed 16 per cent lower on Thursday, a day after the exchanges decided to shift the security from…
- Stock Market
NSE to remove Jet Airways from daily trading by month-end
Mumbai: Shares of grounded airline Jet Airways will be removed from daily trading of futures and options at the National Stock Exchange (NSE) from effective June 28. The reason cited by the…
- Stock Market
Equities slip in early session, Jet Airways plunges 15 pc
Mumbai: Stocks traded with a negative bias during early hours on Thursday amid mixed global cues and oil prices hovering at a five-month low. All sectoral indices at the National Stock Exchange…
- Business
It’s now Jet versus Jet as endgame nears
NEW DELHI: Even as the lenders and the employees hope against hope and expect a white knight to rescue the grounded Jet Airways, the airline’s promoter Naresh Goyal, now deboarded from the…
- Business
Domestic air passenger growth falls in April due to grounding of Jet Airways
New Delhi: The number of passengers flying domestic airlines dropped by 4.5 percent to 109.95 lakh in April as compared to 115.13 lakh in the same month of the previous year, according…
- Business
Economic slowdown: April air passenger traffic dives into the red
NEW DELHI: High base effect along with steep airfares and capacity constraints dragged India’s domestic air passenger traffic into the negative territory in April. Besides, an overall slowdown in consumer sentiment and…
- India
Jet Airways employees stage protest in Delhi
New Delhi: Jet Airways employees on Tuesday staged a protest outside the Safdarjung Airport here, seeking government’s intervention to solve the crisis facing the airline. The protesting employees were demanding the intervention…
- Business
Jet CFO, Deputy CEO Amit Agarwal quits
NEW DELHI: Grounded Jet Airways continues to lose its senior executives dashing hopes of the airline’s revival. The latest to quit the company is its Chief Financial Officer (CFO) and Deputy Chief…
- News
Jet’s pilots move Supreme Court; seek directions on lenders
New Delhi/Mumbai: The pilots’ union of grounded Jet Airways on Tuesday approached the Supreme Court to direct the consortium of lenders for release of funds to restart operations. In its petition, the…
- Business
Air India won’t take B777s from Jet
NEW DELHI: State-run Air India has decided not to pursue its plan to take B777s from grounded Jet Airways as it has found it commercially unviable given their huge maintenance requirement. “The…
- Business
Air India earmarks Rs 500 crore to get grounded aircraft operational
MUMBAI: To meet the high demand and raise its market, national carrier Air India has earmarked Rs 500 crore to get 19 of its grounded passenger jets back into operations. Currently, the…
- Business
Jet tells staff it can not provide Mediclaim
NEW DELHI: Faced with severe liquidity crisis, grounded Jet Airways has informed employees that it will not be able to fund the premium of Group Mediclaim Policy and advised them to take…
- Business
Jet staff promise to secure Rs 3,000 crore, seek SBI nod to bid
NEW DELHI: Sensing that the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of…
- India
More people might commit suicide, if govt doesn’t intervene: NAG on Jet crisis
Mumbai: “Jet Airways employee Shailesh Kumar Singh committed suicide because he had no hope left and there could be more victims if the government does not intervene in the Jet Airways crisis,”…
- News
Plea in HC seeks consumer redressal in Jet crisis
New Delhi: A plea was filed in the Delhi High Court on Monday seeking prompt redressal of consumer complaints in the wake of the ongoing Jet Airways crisis. The application was filed…
- Business
Plea before high court calls for relief to air passengers
New Delhi: An application was filed at Delhi High Court on Monday seeking direction to the Ministry of Civil Aviation and the Directorate General of Civil Aviation (DGCA) for ensuring prompt resolution…
- Business
Jet Airways staff delegation meets Jaitley, demands transparent bidding process
New Delhi: A delegation of Jet Airways employees on Saturday met Union Finance Minister Arun Jaitley at his residence here and apprises him of their demands including transparent bidding process. “We met…
- Business
Private carriers in India have come crashing down
NEW DELHI: Aviation in India has attracted entrepreneurs like moths to a flame but only a few have managed to survive and thrive in a sector which has become the graveyard of…
- News
Jet executives meet Jaitley, urge salary payment
New Delhi: Senior executives of grounded Jet Airways met the Union finance minister Arun Jaitley on Friday and requested him to direct the banks to release at least one month’s salary. Jet…
