Jet Airways Crisis

Days after submitting EoI for Jet Airways, Vedanta's Anil Agarwal says not interested in debt-laden airline

In April, Etihad had presented a conditional expression of interest to reinvest in Jet Airways as a minority stakeholder, with a partner, but it did not materialise.

Jet Airways crisis: Etihad says not feasible to reinvest in cash-strapped airline, cites unresolved issues concerning liabilities

Gulf carrier Etihad, which holds 24 percent stake in Jet Airways, on Monday said it has decided not to reinvest in the airline due to unresolved issues concerning liabilities

Jet Airways crisis: SBI moves intervention plea against HDFC claim on airline's BKC property; NCLT adjourns matter for 8 August

Jet Airways crisis: JetLite employees demand dues; will seek to include in insolvency proceedings of debt-laden airline

A section of employees of JetLite, a wholly-owned subsidiary of defunct Jet Airways, on Tuesday said their claims should also be included in the ongoing insolvency proceedings of the parent firm

If Jet Airways founder Naresh Goyal wants to go abroad, he should first deposit Rs 18,000 cr as guarantee: Delhi HC

He added that Goyal wanted to go to Dubai and London for the purpose of arranging funds for the Jet group which was facing financial crisis.

Insolvency proceedings initiated against debt-ridden Jet Airways; NCLT bench instructs resolution professional to file fortnightly progress report

Jet Airways became the first domestic airliner to go into bankruptcy

Unprecedented rally in crisis-hit Jet Airways shares after 13-day downtrend; zoom over 122% to close at Rs 73.55

Earlier in the day, shares of Jet Airways had touched its all-time low of Rs 27, down 18.42 percent.

Jet Airways shares dive 18% after stock exchanges decide to impose restrictions on trading from 28 June

The scrip of Jet Airways tanked 16.76 percent to close at Rs 68.30 on the BSE. During the day, it plummeted 19.56 percent to hit a multi-year low of Rs 66.

Jet Airways crisis: NCLT asks operational creditors to again serve legal notices to airline, adjourns hearing to 20 June

The banks have appointed SBI Capital Markets as the investment banker to find an investor to scout investors for Jet Airways.

Jet Airways revival: Asking banks to write off Rs 8,500-cr outstanding is unfairness at its worst

There is no reason why the SBI-led lenders' consortium should not prevail upon the new promoters to carry the dues as a liability in Jet Airways’ balance sheet with a moratorium period of, say 10 years.