![]() | Airlines in doldrums: Worst seems to be over but profit remains out of sightIn its latest report, the Centre for Asia Pacific Aviation India (CAPA) said that the industry is heading towards consolidation and it could result in a 2-3 airline system in the near to medium term. |
![]() | Court accepts closure report against Jet Airways' promoterThe order came a day after the Bombay High Court rejected a plea of the Enforcement Directorate (ED), which is also probing the case, to intervene into the matter. |
![]() | Jet Airways may resume operations next year: Jalan-Kalrock consortiumJet Airways was grounded on April 17 due to liquidity crisis and subsequently went into administration in June 2019. |
![]() | Jet Airways’ new promoters plan to get it back in the air in 4-6 monthsAccording to a Reuters report, the new owners had agreed to pump in Rs 1,000 crore as working capital and another Rs 1,000 crore paid to creditors over a period of five years. |
![]() | Jet Airways gets buyer in Kalrock Capital and Murari Lal Jalan but likely to fly next year onlyAnalysts warned of many challenges for the new owners but even if everything goes right, it could still take up to eight months to get the Jet planes back in the skies. |
![]() | Court junks ED plea seeking to intervene in cheating case against cash-strapped Jet AirwaysA case of cheating and criminal breach of trust has been registered against Jet Airways and its promoters Naresh Goyal and his wife Anita Goyal at MRA Marg police station. |
![]() | Jet Airways’ bidders told to submit revised offersAccording to the person aware of the latest development, the bidders are asked to change the offers over the next five days as the CoC expects them to come with improved offers. |
![]() | Jet Airways loss widens to Rs 5,536 crore in 2018-19The financial statements have been signed by Jet Airways Resolution Professional Ashish Chhawchharia. |
![]() | Vrihis Properties emerges as successful bidder for Jet Airways BKC premisesThe Jet Airways RP had issued a public notice on June 13 for the sale or transfer of third and fourth floors of the company's building in "Jet Airways Godrej BKC". |
![]() | Cheating case: ED opposes closure of probe against Naresh GoyalDespite knowing the financial crisis at Jet Airways, which was in position of no return, Naresh Goyal made false promises. |
![]() | Jet Airways offers two Boeing aircraft for evacuating Indians stranded overseasThe once-storied full-service carrier is undergoing insolvency process and its affairs are being managed by insolvency resolution professional Ashish Chhawchharia. |
![]() | Jet Airways' insolvency resolution professional seeks fresh EoI for defunct airlineThis is the fourth time that EoI has been invited for Jet Airways, which was shuttered last year. |
![]() | Jet Airways shares jump over 4 per centThe company's shares gained 4.42 per cent to Rs 21.25 on the BSE. On the NSE, it jumped 4.41 per cent to Rs 21.30. |
![]() | Jet Airways insolvency resolution professional seeks fresh EoI for defunct airlineThis is the fourth time that EoI has been invited for Jet Airways, which was shuttered last year. |
![]() | India's air passenger traffic records 3-5 per cent negative growth in fiscal year 2020: ICRAThe agency, on Thursday said the de-growth was largely driven by higher airfares in the wake of large scale flight cancellations following shutting down of Jet Airways. |
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