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Jet Airways’ lenders move SC against Jalan-KalrockThe State Bank of India-led consortium of lenders has filed an application with the Supreme Court, seeking the winding up of debt-laden Jet...
JKC completes infusion of Rs 350 cr in Jet Airways, says airline will start ops in 2024The Jalan Kalrock Consortium has deposited Rs 100 crore in Jet Airways, bringing their total investment in the grounded carrier to Rs 350 c...
Jet Airways shares hit 5% upper circuit. Here's why"JKC, the new proposed promoters of Jet Airways, today completed an additional infusion of Rs 100 crore, reaffirming its unwavering commitm...
Jalan-Kalrock Consortium eyes control of Jet Airways by year endThe consortium on August 31 deposited Rs 100 crore as part of its payment plan to lenders which amounts to Rs 350 crore. Another tranche of...
Jet, set and go? DGCA renews airport operator certificate of Jet AirwaysJalan Kalrock Consortium has successfully obtained renewal for the Airport Operator Certificate (AOC) of Jet Airways from the Directorate G...
Jalan-Kalrock Consortium appoints Jatinderpal Singh Dhillon as accountable manager for Jet AirwaysJalan-Kalrock Consortium, the winning bidder for Jet Airways, has appointed Jatinderpal Singh Dhillon as the airline's accountable manager....
Jalan-Kalrock committed to revive Jet Airways despite SC setback“The consortium has spent considerable time and expense to revive the airline,” said the person who requested not to be identified. “Though...
Kalrock says probes into investor Fritsch have no impact on Jet Airways dealAsset manager Kalrock Capital Partners said on Monday that probes into its investor Florian Fritsch have no impact on its acquisition of In...
Jet investor Fritsch's property raided in LiechtensteinPolice investigators in the small Alpine principality are evaluating the confiscated evidence from the raids conducted on Oct. 26, Liechten...
Jet Airways facing more delays; CEO Sanjiv Kapoor says talks on with engine makersThe latest bottleneck stems from unresolved negotiations between its management and engine makers on more favourable terms in its proposed ...
Jalan-Kalrock to transfer Rs 130 crore rental earnings to Jet Airways' lendersHowever, the Jalan-Kalrock Consortium, which has won the bid to acquire the company under the Insolvency and Bankruptcy Code (IBC), cannot ...
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 defers fresh take-off plans for the fourth timeThe new owners of Jet Airways have deferred the commencement of its operations for the fourth time in a year, even as the airline continues...
Jet to commence operations next March as legal issues continue to plague airlineJet Airways will commence operations in the first quarter next year, even though it continues to be trapped in legal complications. In a pr...
PNB asks NCLAT to stay nod to Jet Airways' revival planPunjab National Bank (PNB) moved the appellate bankruptcy court on Thursday, seeking a stay on the approval to Jet Airways’ revival plan, p...
Bankruptcy court approves Kalrock-Jalan’s resolution plan for revival of Jet AirwaysThe Mumbai bench of the National Company Law Tribunal presided by judicial members - Janab Mohammed Ajmal and V Nallasenapathy while allowi...
NCLT set to rule today on the resolution plan for Jet AirwaysAs per the resolution plan, the successful bidder has proposed a total cash flow of Rs 1375 crore for the revival of the company. The reviv...
Path to restart Jet Airways operations very tough, uncertain, says expertAfter failing to get funds even for daily operations, the then cash-strapped airline announced temporary suspension of services on April 17...
Kalrock-Jalan consortium proposes Rs 1,000 cr investment in Jet; equity to lendersThis puts the consortium ahead of the other one in the fray, comprising of Haryana-based Flight Simulation Technique Centre, Mumbai's Big C...
Jet Airways shares hit upper circuit. Here's whyJet Airways stopped operations in April last year due to a cash crunch and piling debt.