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JET AIRWAYS LENDERS
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- Jalan Kalrock’s deadlock with Jet Airways’ banks continuesBefore the National Company Law Appelate Tribunal (NCLAT), banks said saying the consortium hasn’t infused any money to repay creditors whi...
- Jet lenders threaten insolvency over aircraft rental proceedsThe Jalan-Kalrock consortium has sought time until next week for a decision, the same person said. The resolution plan approved by the Nati...
- Jet Airways: How to sell what's left of the airlineJet Airways’ lenders, led by State Bank of India, gave up on efforts to revive the airline that has been grounded for two months.
- HDFC puts Jet Airways' office space for sale to recover Rs 414 croreJet Airways, which temporarily shuttered operations on April 17, owes around Rs 414 crore to HDFC.
- No funds to pay premium for group mediclaim policy: Jet Airways tells staffLenders of Jet Airways led by SBI are currently in the process of selling the airline to recover their dues of over Rs 8,400 crore.
- Jet employees' union opposes allocation of slots to other airlinesJet Airways' lenders have invited bids for selling stake in the ailing airline and the final bidders are likely to known by second week of ...
- Jet Airways crisis: Lenders keen on non-IBC resolution in case bidding process failsLenders of Jet Airways are in favour of a resolution outside the insolvency law framework.
- Lenders to Jet Airways working on revival, no final decision yet: PNB MDPNB is part of a consortium of 26 lenders, led by State Bank of India (SBI), which have exposure to Jet Airways' debt of over Rs 8,000 cror...
- Lenders discussing ways to revive Jet Airways; fund infusion likely soonAmid acute financial crunch crippling its operations, Jet Airways management is awaiting clarity on receiving fresh funds after which a dec...
- Jet Airways’ lenders to invite Expressions of Interest for bidding on MondayThe document for the expressions of interest will uploaded on the websites of SBI and SBI Capital Markets, which is overseeing the process.
- Jet Airways' lenders to invite bids for stake sale on Apr 6; also ready to look at other optionsSBI is the lead lender to Jet Airways, which has a debt burden of more than Rs 8,000 crore.
- Lenders trying to revive Jet Airways by management change: SourceA source said banks are trying to work out a revival plan for Jet Airways through a change in management.
- SBI calls lenders' meeting with Jet Airways chairman Naresh Goyal, Etihad CEO DouglasThe meeting assumes significance amid differences persisting between Goyal, the lenders and Etihad.
- Jet Airways may raise Rs 6,000 crore via share saleJet said on Thursday its board had approved a rescue deal.
- Non-SBI lenders not comfortable with having a large stake in Jet AirwaysOut of the Rs 8,000 crore debt owed by Jet Airways, about Rs 2,000 crore, is owed to SBI.
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