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JET AIRWAYS LIQUIDATION
SpiceJet seeks Supreme Court approval to submit land title as securitySpiceJet has challenged the Delhi High Court's May 4 and March 18 orders rejecting its request to furnish an unencumbered plot of land in G...- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- 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...
- Delhi HC gives SpiceJet 4 more weeks to deposit Rs 144 crore, rejects property offerSpiceJet has received a four-week extension from the Delhi High Court to deposit Rs 144 crore. This payment is part of an ongoing arbitrati...
- Grounded Jet Airways to sell 3 Boeing 777 frames and 6 engines for $46 millionJet Airways, which ceased operations in 2019, has sold three aircraft frames and six engines. The deal with Malta-based Ace Aviation is val...
- 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...
- Grounded Jet Airways to transfer Mumbai office space lease for Rs 370 croreJet Airways, currently undergoing liquidation after ceasing operations in 2019, has agreed to transfer the lease of its Mumbai office space...
- Satish Gupta appointed liquidator for Jet AirwaysJet Airways is officially entering liquidation after a five-and-a-half-year struggle to resolve its ₹7,800 crore debt. The Supreme Court ov...
- Bombay HC grants medical bail to Jet Airways founder Naresh GoyalThe Bombay High Court has granted permanent medical bail to Jet Airways founder Naresh Goyal, who is facing money laundering charges. Goyal...
- Sunset for once-storied Jet Airways as turbulent insolvency flight endsJet Airways, once a leading Indian airline, is no more. The Supreme Court ordered its liquidation after years of financial struggles and fa...
- Liquidation of Jet Airways: Are 1.43 lakh retail investors staring at complete losses?India's Supreme Court has ordered the liquidation of Jet Airways after the Jalan Kalrock Consortium, the winning bidder, failed to meet its...
- Supreme Court orders liquidation of Jet Airways on failure of resolution planJet Airways Liquidation: The Supreme Court has ordered the liquidation of Jet Airways, rejecting a takeover bid by Kalrock Capital and Mura...
- 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...
- Jet Airways misses payment to lenders, rating cut to defaultCrushing fare wars are a hallmark of India’s intensely competitive aviation market.
- Jet Airways in talks with SBI for Rs 1,500 crore loanJet Airways strategic partner and Middle-east carrier Etihad is likely to provide guarantee for the loan.
- Jet says in talks with many parties for stake sale, fundingDespite heavy loss, the airline counter rallied 5.21 percent at Rs 254.65 on the BSE while the index gained 0.95 percent.
- Jet Airways plans 20% salary cutIndia’s second largest private airline, Jet Airways, has proposed to slash salaries across the board in the light of the economic downturn.
- Jet-Sahara legal tussle’s set to escalateJet Airways chairman Naresh Goyal pulled out of the deal to buy out Air Sahara at the last minute, Mr Goyal is now straining every sinew to...
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