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  Advance booking on re-allocated Jet slots for 3 more months

  Business | August 20, 2019 23:41 IST

  In April, the temporary suspension of Jet Airways' operations had created a capacity crunch in the domestic sector. Consequently, 280 slots in Mumbai and over 160 in Delhi were left vacant.

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  Jet Airways quarterly results delayed amid 'complexities of issues'

  Business | August 16, 2019 16:32 IST

  The affairs of Jet Airways, which closed down its operations on April 17, are now being managed by resolution professional Ashish Chhawchharia under the insolvency law. In the communication to the exchanges, Chhawchharia said that prior to the commencement of the resolution process, directors, chief executive officer, chief financial officer, company secretary and other top management personnel had resigned from the company.

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  Jet Airways prepones flight without information, asked to pay compensation of Rs 1 lakh to passenger

  India | August 13, 2019 19:58 IST

  In his complaint, the passenger from Chhattisgarh had said he had booked a flight from Raipur to Kolkata on June 9, 2012. The flight which was scheduled to depart at 9.25 pm, was combined with another flight which left at 10.40 am, more than 10 hours before the scheduled departure.

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  Anil Agarwal says not interested in Jet Airways

  India | August 12, 2019 18:40 IST

  Anil Agarwal said, "the EoI for Jet Airways by Volcan was exploratory in nature. On further evaluation and considering other priorities, we intend to not pursue this further."

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  Anil Agarwal's Volcan Investments shows interest in Jet Airways

  Business | August 11, 2019 22:15 IST

  Volcan Investments, the family trust of Vedanta Chairman Anil Agarwal, has shown interest to invest in the now grounded Jet Airways and has submitted an Expression of Interest (EoI) for the debt-ridden airline.

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  209 slots vacated by Jet Airways are lying unused at 31 airports: Government

  India | July 11, 2019 16:43 IST

  The airports in Chennai have 34 unused slots, Indore 18, Guwahati 12 and Ahmedabad have 8 slots, the minister said in a written reply to a question in the Lok Sabha. 

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  Give Rs 18,000 crore to go abroad: High Court to Naresh Goyal

  Business | July 10, 2019 8:32 IST

  The Delhi High Court on Tuesday asked Jet Airways promoter Naresh Goyal to submit Rs 18,000 crore in bank guarantees in order to be allowed to travel abroad.

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  Court refuses interim relief to Jet Airways promoter Naresh Goyal, seeks response from Centre

  India | July 09, 2019 13:37 IST

  Citing the reasons for his visit abroad, Goyal's counsel told that court that he needed to explore financial options for the airlines which is facing a serious financial crunch. Senior advocate Maninder Singh said that Goyal was an NRI and a resident of Dubai and hence he needed to go back to the UAE before July 10. Else, his residential rights would be revoked.

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  Centre orders probe against Jet Airways over alleged fund mismanagement

  India | July 04, 2019 23:23 IST

  The Centre has ordered a SFIO probe into the affairs of now defunct Jet Airways after finding instances of fund diversions and large-scale irregularities, sources said on Thursday. The Ministry of Corporate Affairs (MCA) has asked the SFIO to probe the alleged fund diversion and writing off of investments by Jet Airways.

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  HDFC wants NCLT to keep Jet Airways headquarters out of resolution plan

  Business | July 04, 2019 16:52 IST

  The tribunal will hear HDFC's plea Friday along with the main petition. Last month, NCLT had admitted the insolvency petition filed by the lenders' consortium led by State Bank against Jet Airways which stopped operations on April 17 after running out of cash.

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  Jet Saga: Buyers await regulator's scrutiny of airline's flying license

  Business | June 30, 2019 13:15 IST

  With prospective buyers lining up to take a shot at bagging Jet Airways cheap, its prime asset -- the flying license -- is under the aviation regulator's scrutiny that might derail the NCLT-backed resolution process.

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  Jet Airways Employee Consortium, AdiGroup to bid for 75 pc of airlines

  India | June 28, 2019 16:40 IST

  In a first-of-its-kind initiative, a Jet Airways Employee Consortium and AdiGroup Friday announced a partnership to bid for 75 per cent of the airlines through the NCLT process, members of the consortium said.

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  Insolvency proceedings initiated against Jet Airways

  Business | June 23, 2019 15:54 IST

  The cash-strapped company became the first domestic airliner to go into bankruptcy after the Mumbai bench of the National Company Law Tribunal (NCLT) admitted an insolvency petition filed by SBI on behalf of 26 lenders on June 20.

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  Jet Airways into bankruptcy process, stock soars 150%

  Business | June 20, 2019 22:16 IST

  Jet Airways Thursday became the first domestic airliner to go into bankruptcy as the NCLT admitted an insolvency petition filed by State Bank on behalf of 26 lenders, sending its share price soaring a whopping 150 percent after having plumbed life-lows for many days.

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  Unprecedented rally in Jet Airways shares; zoom over 122 per cent

  Business | June 20, 2019 16:58 IST

  Shares of Jet Airways witnessed an unprecedented rally on the bourses Thursday, bouncing back sharply after days of massive fall to close the day over 122 per cent higher.

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  Jet Airways shares bounce back; zoom 19%

  Business | June 20, 2019 12:08 IST

  Despite a weak opening, where the scrip hit an all-time low of Rs 27, it later pared the losses and jumped 16.16 per cent to Rs 38.45 on the BSE.

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  Jet Airways shares dwindle further; tank 18.5 per cent

  Business | June 19, 2019 17:22 IST

  The scrip tanked 18.17 per cent to close at Rs 33.10 on the BSE. During the day, it dropped 28.18 per cent to hit an all-time low of Rs 29.05.

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  Jet Airways shares dwindle further; tank over 29 percent

  Business | June 19, 2019 12:33 IST

  The scrip continued to face heavy selling pressure and tanked 28.18 per cent to an all-time low of Rs 29.05 on the BSE.

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  Jet Airways takes another nose dive; investors abandon as shares crash 52%

  Business | June 18, 2019 15:54 IST

  Jet Airways stocks hit an intra-day low of Rs 32.25 per share, falling by a massive 52 per cent. At 1.41 p.m, Jet's stocks were trading at Rs 38.05 per share, down Rs 30.25 or 44.29 per cent.

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  Lenders to take Jet Airways to NCLT, revival hope gets bleaker

  Business | June 17, 2019 21:35 IST

  The lenders will now approach the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code (IBC) to recover their dues of about Rs 8,500 crore.