Page 13 - Jet Airways Crisis

NCLT option back on table for beleagured Jet Airways

The bids received for Jet Airways will be opened on May 10. If none of them are accepted by the lenders then the airline will be taken to National Company Law Tribunal

'Can't sleep at night': Jet employees in despair as airline goes bust

Jet Airways failure would threaten more than 16,000 staff jobs and thousands more tied to the airline.

With Jet suspending ops, govt to allot 440 vacant slots to other airlines

There are 280 vacant slots at Mumbai and over 160 at the Delhi airport

After Jet's final touchdown, passengers say they will miss the airline

Set up by Naresh Goyal on April 1, 1992, Jet Airways's first flight took off from Mumbai for Ahmedabad on May 5, 1993, as an air-charter operator

Jet shares sink 34% but lenders hopeful of successful bids for airline

Jet Airways, once India's largest private airline, on Wednesday evening halted all flight operations indefinitely after lenders declined to extend more funds to keep it going.

Jet lenders 'reasonably hopeful' of successful bids for grounded airline

Jet Airways on Wednesday evening halted all flight operations indefinitely after lenders led by State Bank of India declined to extend more funds to keep it going

Jet Airways crisis: Sadly, the real joke is on employees and consumers

It might perhaps be time DGCA issued an advisory, or even suspended Jet Airways' operations to limit any further damage

How IndiGo and SpiceJet can gain from Jet's financial woes

Uncertainty at Jet Airways is helping the listed low-cost carriers to win market share and increase fares

Naresh Goyal has pledged 26% stake in Jet as security for loans from PNB

Jet Airways on Thursday informed the stock exchanges that Goyal has pledged over 29.5 million shares or 26.01% stake with Punjab National Bank

Avoid market leader's curse: Management lessons from the Jet Airways crisis

The paradox of the civil aviation industry is that while it has emerged as one of the fastest growing industries in the country, it is notoriously known for its cut-throat competition.

Lessors to Jet plan to de-register many more planes in coming days

About six of Jet's lessors are likely to apply to the Directorate General of Civil Aviation (DGCA) to de-register up to 15 of the grounded planes, over the next 10 days

Avolon seeks to de-register 2 planes leased to Jet, woes deepen for airline

Avolon, one of the world's biggest aircraft lessors, applied to de-register two planes it had placed with Jet Airways Ltd, making it the first lessor to do so on a non-consensual basis

Jet crisis to Fortis feud: How India's crony capitalist edifice is creaking

For fundamental change, business families must stop playing a shadowy role in campaign finance, writes Andy Mukherjee