President Donald Trump is exploring a government takeover of Spirit Airlines. The plan involves buying the struggling airline with taxpayer...

The Supreme Court will review the resolution plan submitted by the Jalan-Kalrock consortium for the takeover of bankrupt Jet Airways. The c...

The Committee of Creditors (CoC) of Jet Airways said it may not pursue its appeal following the receipt of Rs 350 crore ($47m) from Jalan K...

Jalan Kalrock Consortium has successfully obtained renewal for the Airport Operator Certificate (AOC) of Jet Airways from the Directorate G...

However, it kept the two questions open so as to protect the interests of Sahara, saying he can ask for revival of its appeals on these two...

Creditors may approach India's aviation ministry to seek approval to liquidate Jet's assets if there is no resolution on Tuesday in a criti...

The cash payment proposed by Kalrock-Jalan for each staffer is a token sum of Rs 11,000 and then Rs 5,100 towards medical reimbursements fo...

The new owners of Jet Airways -- Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd. in London -- have proposed pa...

The petitions argued that the employees of the corporate debtor (Jet Airways) are its assets and are interested in its successful resolutio...

The debt-laden airline may sell current A330 and B737 aircrafts and forward payment to creditors, and is likely to propose an upfront payme...

The meeting has been scheduled as the revised deadline for submission of bids for the airline, which is undergoing an insolvency process, e...

Earlier this month, the National Company Law Tribunal (NCLT) had directed the CoC to expedite their decision on seeking fresh EoIs in view ...

The lenders had in-principle sanctioned Rs 63 crore to the RP and SBI, the lead lender, had reportedly already disbursed its portion of Rs ...

Jet Airways is facing insolvency proceedings in the Netherlands and was declared bankrupt in response to a complaint filed by two European ...

Employees of Jet Airways, including 'authorised representatives,' have submitted claims totalling over Rs 1,000 crore.

It has appointed Rocco Mulder as the administrator in the bankruptcy proceedings of the Indian airline company.

Leading carrier Jet Airways will seek the approval of shareholders and creditors on April 22 for the proposed merger of JetLite with itself.