Page 7 - Jet Airways Crisis

Bankrupt Jet Airways extends deadline for initial bids to August 10

Late last month, the resolution professional Ashish Chhawchharia had floated EoIs for selling stake in the airline that stopped flying mid-April

Lenders unwilling to provide extra funds to grounded Jet Airways

Sources said the resolution professional had not got any bids for the airline so far

Jet lenders may extend Aug 3 deadline for EoIs; 4 parties show interest

Late last month, the resolution professional Ashish Chhawchharia had floated EoIs for selling stake in the airline that stopped flying mid-April

Top events today: Jet CoC meet, Airtel Q1, Unnao rape case hearing and more

From second CoC meet of Jet Airways to Supreme Court hearing on Unnao rape case, Business Standard brings you top events of the day

IndiGo Airlines wants to bid for grounded Jet Airways' assets and slots

Jet assets include three B737 planes, 49.9% stake in Jet Privilege, and slots across domestic and international airports

Jet crisis: SBI moves intervention plea against HDFC claim on BKC property

On July 4, the mortgage lender HDFC had moved the NCLT seeking to keep the airline's BKC property out of the bankruptcy process

Etihad, Hinduja Group back at the deal table for grounded Jet Airways

Etihad had submitted a conditional offer for a minority stake in the airline earlier under the lenders-led bid process in May

Jet case brings to the fore problems in cross-border insolvency resolution

Foreign creditors are permitted to participate in Indian insolvency proceedings

Jet's resolution professional invites expressions of interest by August 3

The airline's assets include 14 aircraft including 10 Boeing planes -- down from 124 before the grounding -- and 49 per cent stake in Jet Privilege and a few buildings

Jet Airways interim RP receives claims of over Rs 24,000 crore from lenders

Only claims related to Jet are being considered and those of subsidiary JetLite will not be accepted, IRP says

Best of BS Opinion: Have our institutions responded adequately to frauds?

From trade trouble to future demographic shocks, here are the best of Business Standard Opinions for the day

Govt to launch portal to help Jet Airways staff find jobs in other airlines

The Civil Aviation Ministry is in touch with other private airlines such as SpiceJet and IndiGo to assist Jet staff get meaningful employment.

Jet Airways lenders to set rules this week to weed out casual bidders

Decide early August deadline for expressions of interest

Jet crisis: NCLAT agrees to hear Dutch Court insolvency administrator

Dutch insolvency court administrator says will not sell seized assets of airline until common solution reached

Dutch bankruptcy administrator moves NCLAT on Jet Airways insolvency case

Dutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways

Is Jet Airways heading for a crash-landing?

et Airways Thursday grounded services across the Eastern and Northeastern markers and also suspended its international operations for a day

Deposit Rs 18,000 cr if you want to travel abroad: Delhi HC to Naresh Goyal

The court was hearing Goyal's plea challenging the LOC issued against him on the ground that as on May 25 when he was de-boarded from a flight to Dubai, no ECIR/FIR was registered against him

Jet Airways hits lower circuit for 4th straight day on SFIO probe report

SFIO has been directed to complete the investigation within six months and submit its report to the government, the report said.

HC judge recuses from hearing Jet founder Naresh Goyal's plea against LOC

When the matter came up for hearing before Justice Vibhu Bakhru, he said that "this matter will have to go before another bench" and directed that it be listed before another judge on July 9

Govt orders probe into grounded Jet Airways, SFIO summons Naresh Goyal

Jet, with more than Rs 8,000 crore of debt, flew for the last time on April 17 after it ran out of cash