Jet Airways-insolvency

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Jet Airways-insolvency - Total results - 12
Jet Airways-KLM deal for Dutch business fails to take off; regulatory clearance approval declined
Business

Jet Airways-KLM deal for Dutch business fails to take off; regulatory clearance approval declined

Jet Airways was grounded in March last year after it ran out of cash for operations.

Jet Airways insolvency resolution professional seeks fresh expressions of interest for defunct airline; shares up over 4%
Business

Jet Airways insolvency resolution professional seeks fresh expressions of interest for defunct airline; shares up over 4%

Jet Airways insolvency resolution professional on Wednesday invited fresh expressions of interest (EoI) for the grounded airline

Jet Airways collapse one year-ago was a reflection of challenging environment in India: IATA
Business

Jet Airways collapse one year-ago was a reflection of challenging environment in India: IATA

The collapse of Jet Airways was a reflection of the challenging environment in the country, including high operating costs and a regulatory regime that restricts the ability of airlines to operate as normal commercial businesses, according to the IATA

A year after Jet Airways grounding, wishes to go back in time, hopes of revival dot the firmament
Business

A year after Jet Airways grounding, wishes to go back in time, hopes of revival dot the firmament

"Wish I could go back in time", yearns a pilot who was in the cockpit of a Jet Airways plane that landed little past midnight at Mumbai airport on April, 2019. Not many thought it will be the last flight of the once-storied carrier, where scores of pilots and other staff served for at least two decades

Jet Airways insolvency: NCLT allows 90 days' extension for grounded airline's bankruptcy process
Business

Jet Airways insolvency: NCLT allows 90 days' extension for grounded airline's bankruptcy process

The National Company Law Tribunal (NCLT) on Wednesday allowed 90 days' extension for the corporate insolvency resolution process of Jet Airways

Jet Airways resolution professional seeks 90 days extension for bids from NCLT
Business

Jet Airways resolution professional seeks 90 days extension for bids from NCLT

Jet Airways' resolution professional on Friday filed an application in National Company Law Tribunal (NCLT) seeking 90 days extension for the corporate insolvency resolution process of the defunct carrier

Jet Airways stock hits lower circuit, falls nearly 5% as deadline for submission of bids ends
Business

Jet Airways stock hits lower circuit, falls nearly 5% as deadline for submission of bids ends

Shares of Jet Airways on Friday plunged as much as 4.74 percent to hit lower price band on the BSE as its deadline for submission of bids ended

Jet Airways insolvency: NCLT warns CoC of contempt proceedings if they do not release funds by 20 January
Business

Jet Airways insolvency: NCLT warns CoC of contempt proceedings if they do not release funds by 20 January

The NCLT on Wednesday warned Jet Airways CoC of contempt proceedings if they do not release interim funds to the resolution professional by 20 January for completion of insolvency proceedings

Jet Airways insolvency: Will positively consider concrete business plan for troubled-airline, DGCA tells NCLT
Business

Jet Airways insolvency: Will positively consider concrete business plan for troubled-airline, DGCA tells NCLT

The Aviation Ministry and Directorate General of Civil Aviation (DGCA) on Tuesday informed the National Company Law Tribunal (NCLT) that they will positively consider any concrete business plan for the grounded Jet Airways

NCLAT asks Jet Airways Interim Resolution Professional to cooperate with Dutch court administrator
Business

NCLAT asks Jet Airways Interim Resolution Professional to cooperate with Dutch court administrator

The National Company Law Appellate Tribunal (NCLAT) has directed the Resolution Professional of Jet Airways to cooperate with the Dutch Court Administrator, which is also conducting insolvency proceedings against the debt-ridden carrier

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

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