Niif
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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 crisis: Two operational creditors drag debt-laden airline to NCLT, next hearing on 13 June
•The tribunal issued notices to Jet Airways and banks which own the airline now and posted the matter for further hearing on 13 June when it will decide on admitting or rejecting the bankruptcy pleas.
Grounded Jet Airways shares plummet over 24% in one month; market valuation erodes by Rs 451.26 cr to Rs 1,409 cr
•In one month, shares of Jet Airways tumbled 24.28 percent to Rs 124.10 on the BSE Friday from Rs 163.90 on 18 April
Jet Airways crisis: Exodus of top executives continues, two more senior officials quit airline taking total exits to 6 in two days
Fp Staff •The exodus of the top deck in Jet Airways is termed as a major setback to the efforts to revive the debt-laden airline by its lenders.
Jet Airways revival: Lenders may initiate fresh talks with NIIF soon; reach out to Hinduja group offering stake in airline
Fp Staff •This move is a major step towards reviving Jet Airways, which suspended its entire operations on 17 April due to acute liquidity crunch, the report said.
Jet Airways CEO Vinay Dube quits: With top executives deserting ailing airline, is there any hope left for its revival?
Sulekha_nair •With the top level management throwing in the towel today, is now clear that there is no future for Jet Airways.
Jet Airways revival: Etihad Airways bids for minority stake in beleaguered airline; SBI-led lenders’ consortium, NIIF to get hit
Muralidharan •Etihad Airways’ decision to bid for Jet Airways could possibly be a way to preserve the bilateral it was given, as well as to protect its India feed.
Jet Airways crisis: Etihad Airways bid in cash-strapped airline comes as a sign of relief but hinges on finding another partner
Ajay Awtaney •Etihad’s bid for Jet Airways is a sort of a surprise as it has run up $4.8 billion worth of losses over the past three years
Jet Airways employees’ bailout offer: No harm in trying because buyer apathy in any case stares at banks
Muralidharan •Unfortunately for Jet Airways employees, there is nothing to leverage with the grounded airline's net worth in the negative.
Jet Airways revival at stake; shortlisted bidders find no value in parking funds in embattled airline
Fp Staff •Etihad, which was keen to buy controlling stake in Jet Airways, has reportedly had a second thought to go ahead with the investment process as it could not find any value left in the embattled airline.