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JET AIRWAYS LIQUIDATION
NCLT rejects Jet Airways' liquidator plea seeking Rs 500 crore from BoeingThe National Company Law Tribunal dismissed Jet Airways' plea for a refund from Boeing. The tribunal cited a contractual dispute over advan...- Air India's London-bound flight lands in Zurich amidst Heathrow's air traffic control issueAir India flight AI 131 from Mumbai to London landed in Zurich after air traffic control-related problems at London Heathrow Airport. More ...
- Over 600 flights cancelled as air traffic control issue hits major UK airports including Heathrow, Gatwick, Manchester, StanstedDeparting flights faced disruptions across Britain due to a technical issue. Air traffic control provider NATS experienced a problem which ...
- SpiceJet to add 20 leased aircraftSpiceJet is leasing twenty aircraft to boost its flying capacity for the upcoming winter travel season. These leased planes, a mix of Boein...
- SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
- Investing before an IPO: As NSE, Jio Platforms prepare to list, five early investors reveal the rewards, risks, and patience requiredET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their stories are a reminder of the opportu...
- NCLAT upholds full PF, gratuity payments for Jet Airways employeesIn a landmark decision, the NCLAT has ruled that former Jet Airways employees are entitled to their full provident fund and gratuity dues, ...
- 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...
- Liquidator puts Jet Airways' office space in Mumbai's BKC on the blockA government-appointed liquidator is auctioning an 83,000 sq ft office floor in Mumbai's Godrej BKC, formerly owned by Jet Airways, with a ...
- 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.
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