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JET AIRWAYS BANKRUPTCY
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
- Why are JetBlue and Frontier share prices up today? JetBlue and Frontier shares rise after Spirit shutdown creates growth opportunityWhy are JetBlue and Frontier share prices up today? Shares of JetBlue Airways and Frontier Airlines increased in premarket trading after Sp...
- US stock today | Spirit Airlines prepares to cease operations after bailout plan falls apart: ReportSpirit Airlines is reportedly nearing operational shutdown after failing to secure a bailout plan involving bondholders and the U.S. govern...
- JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly lossJetBlue Airways is facing increased jet fuel costs. The airline plans to slow hiring, reduce capacity, and raise fares. This comes after re...
- Trump weighs Spirit Airlines takeover, eyes resale after oil price drop report saysPresident Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...
- Spirit Airlines stock just shocked the market, jumped over 130% while airline stocks fall: is Spirit Aviation Holdings (FLYYQ) a real comeback or bailout-driven spike?Spirit Airlines stock just shocked the market. It jumped over 130% in one session. Shares of Spirit Aviation Holdings Inc. (FLYYQ) surged n...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...
- JetLite staff seek inclusion in Jet's liquidation processIn a bold move, employees of JetLite have turned to the bankruptcy court, pushing for their outstanding dues to be recognized in the Jet Ai...
- Jet Air creditors to ask court to extend liquidation deadlineOnce India’s largest carrier by passengers, Jet Airway’s fall into bankruptcy last year is reflective of the country’s troubled aviation in...
- JetLite staff moves NCLT to be part of Jet’s insolvency resolutionOn Friday, the employees approached the Mumbai bench of the National Company Law Tribunal (NCLT) with the argument that when they had appro...
- India's air traffic growth has 'slowed significantly' in 2019, was 1.6 per cent in Sept: IATA"Growth in domestic India RPKs (revenue passenger kilometres) eased to 1.6 per cent year-on-year, from 4.5 per cent observed in August," sa...
- Dutch bankruptcy administrator moves NCLAT on Jet Airways matterDutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways.
- HDFC wants NCLT to keep Jet Airways headquarters out of resolution planLast month, NCLT had admitted the insolvency petition filed by the lenders' consortium led by State Bank against Jet Airways which stopped ...
- NCLT adjourns hearing on Jet Airways to June 20These two companied had on June 10 dragged the airline to the NCLT seeking bankruptcy proceedings. The airline, which was grounded on April...
- Jet plunges 13% as Hinduja, Etihad unlikely to rescue airlineShares of Jet Airways traded 11 per cent down at Rs 111.95 on BSE.
- Jet Airways shares plunge nearly 15%At NSE, shares plunged 14.82 per cent to hit one-year low of Rs 106.30.
- Two operational creditors take Jet to NCLT, hearing on June 13Two operational creditors have taken Jet Airways to NCLT, which will further hinder its revival/sale plan.
- Jet employees worried about a Kingfisher-like situationPilots refusing to fly from April 1 may have a huge contagion effect on thousands of other Jet employees.
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