Etihad Airways
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Etihad Airports reports $870 mn loss in 2019; airline says result 'encouraging' after losing billions in recent years
•Etihad attributed the lower revenues to cutting back on routes as part of its restructuring plans
Jet Airways revival plan: Creditors panel to meet today, may decide on extending deadline to two suitors keen on crisis-hit airline
Fp Staff •The second bidder, South America-based Synergy Group, did not submit a plan for Jet Airways and the group reportedly sought clarity on slots in the domestic and international routes of the grounded airline.
Jet Airways crisis: Hinduja Group likely to bid for grounded airline again, to submit EoI by 15 January; shares up 5%
Fp Staff •As per media reports, the UK-based group plans to submit an expression of interest by the 15 January deadline, signalling its intent to make a formal offer.
Jet Airways fails to attract new bidders during extended deadline period; may go ahead with 3 entities who submitted EOIs: Report
•With no new bidders emerging during this period, there are only three entities that had put in their initial bids earlier
Jet Airways stake sale: Lenders of bankrupt airline give third extension for EoI to 31 Aug
•The bankruptcy court had on 20 June appointed Ashish Chhawchharia as RP, who late last month had floated EoIs for Jet Airways that stopped flying mid-April.
Jet Airways crisis: Lenders mull liquidation of grounded airline after EoIs attract no major bidder, CoC may meet this week
Fp Staff •The decision of Abu Dhabi-based Etihad Airways to exit from the resolution plan of the crisis-hit airline has reportedly hastened Jet Airways' liquidation process.
Anil Agarwal's Volcan Investment shows interest in buying stake in defunct carrier Jet Airways
•Volcan Investment's EoI is in now way connected to Vedanta, the company said in a statement
Jet Airways crisis: Hinduja Group, Etihad Airways likely to bid for debt-laden airline via IBC route; Tata, Qatar Airways keen to join race too
Fp Staff •Qatar Airways is also expected to join the race for Jet Airways stake acquisition if the state-owned flag carrier of Qatar is able to find out a suitable local partner, the report said.
Jet Airways crisis: Lenders to meet today to finalise resolution for debt-laden airline; shares plunge over 18%
Fp Staff •Last week, the I-T Department summoned Naresh Goyal, the founder of Jet Airways, for questioning in connection with an alleged tax evasion case.
DHFL promoters come smelling of roses vis-a-vis Jet Airways' by cleaning up the mess themselves
Muralidharan •Despite being one up dubiously in the matter of outstanding over IL&FS whose dues are estimated to be Rs 91,000 crore, DHFL has agreed to set its house in order.