Jet Airways to resume domestic operations in Q1 2022: Jalan Kalrock Consortium

This statement by the consortium comes weeks after PNB has moved the NCLAT alleging gross irregularities in the conduct of the Resolution Professional.

published on : 13th September 2021

Jet Airways ex-employees move NCLAT to challenge Karlock-Jalan resolution plan

It was a much expected move by former employees as many experts believed that they are compensated poorly in the resolution plan.

published on : 19th August 2021

Can’t ensure job for all existing staff, say new owners of Jet Airways

Even as there are over 3,500 employees associated with Jet airways even after its grounding, the Jalan-Kalrock consortium plans to have only a few hundred workers when Jet restarts its services.

published on : 31st July 2021

Naresh Goyal, Ajay Singh, Prashant Ruia among potential Pegasus spyware targets: Report

In addition, the leaked records contain details of the numbers of at least one official each from the PMO and NITI Aayog, The Wire said.

published on : 27th July 2021

Jet Airways shares plunge five per cent after earnings announcement

The stock declined 5 per cent to Rs 126.45 -- its lowest trading permissible limit for the day -- on both the BSE and the NSE.

published on : 1st July 2021

Jalan Kalrock Consortium to make Rs 1,375-crore cash infusion in Jet; lenders to take steep haircut

The National Company Law Tribunal (NCLT) on June 22, approved the consortium's resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019.

published on : 1st July 2021

Jet cannot have historical right over airport slots: NCLT rejects new owners' appeal

The Jalan-Kalrock consortium, which won the bidding for Jet, had requested that the slots should be allotted to them on a historicity basis.

published on : 1st July 2021

Jet Airways: Seven-member monitoring panel to manage airline under resolution plan

The full-service carrier, which suspended operations in April 2019, was undergoing Corporate Insolvency Resolution Process (CIRP).

published on : 26th June 2021

Jet Airways shares gain five per cent, continue to fly high after Jalan Kalrock Consortium bid

Two years after Jet Airways went bankrupt, the NCLT gave its nod to the Jalan Kalrock Consortium's bid for the airline.

published on : 23rd June 2021

Hope to see Jet Airways flying again by year end, says airline's resolution professional

NCLT approval will pave the way for the revival of Jet Airways 2.0 even as there are a few concerns related to the availability of routes/slots, the resolution professional said,

published on : 22nd June 2021

Jet Airways shares gain 5 percent; hit upper circuit limit

In June 2019, NCLT admitted the insolvency petition against Jet Airways filed by the lenders' consortium led by the State Bank of India.

published on : 22nd June 2021

'Jet Airways is back': NCLT clears Jalan Kalrock Consortium's resolution plan for airlines

Jet Airways, which suspended operations in April 2019, has been undergoing a resolution process under the Insolvency and Bankruptcy Code for two years.

published on : 22nd June 2021

Jet Airways annual general meeting adjourned due to lack of quorum

Jet Airways suspended operations in April 2019 and is currently undergoing an insolvency resolution process.

published on : 9th June 2021

Clarity on Jet Airways expected in a week: SBI chief Rajnish Kumar

Asked if there are investors other than those who have submitted unsolicited offers, Kumar said that there are some but their seriousness will have to be checked.

published on : 18th May 2019

Will never let airline go down: Jet employees union in open letter

Recently, MoS (Civil Aviation) Jayant Sinha reported comments that capable employees of Jet Airways would be absorbed by other airlines.

published on : 21st April 2019
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