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Page 8 - Jet Airways Crisis

HDFC moves NCLT to keep Jet's office out of insolvency proceedings

The tribunal had declared a moratorium on recovery of dues from Jet when the insolvency petition against Jet was admitted

HDFC moves NCLT to keep Jet's office out of insolvency proceedings
Updated On : 05 Jul 2019 | 1:26 AM IST

Govt orders probe into Jet Airways over alleged mismanagement of funds

Naresh Goyal approaches Delhi High Court to quash an order by authorities that stops him from travelling abroad.

Govt orders probe into Jet Airways over alleged mismanagement of funds
Updated On : 04 Jul 2019 | 10:03 PM IST

Fix problems before complete failure

We need some real solutions on the ground

Fix problems before complete failure
Updated On : 04 Jul 2019 | 12:23 AM IST

Tatas are keen to buy Jet's grounded fleet, bilateral flying rights

The Tata Group has two joint ventures in the aviation space. One is with budget airline AirAsia and the other is its stake in full-service carrier Vistara, a joint venture with Singapore Airlines.

Tatas are keen to buy Jet's grounded fleet, bilateral flying rights
Updated On : 01 Jul 2019 | 9:29 AM IST

The Jet brand that Naresh Goyal built

Even in ruin, Jet retained its one essential brand quality: Dignity

The Jet brand that Naresh Goyal built
Updated On : 29 Jun 2019 | 1:02 AM IST

Jet Airways employees consortium, AdiGroup to bid for 75% of airline

The airline owes Rs 8,500 crore to banks and around Rs 25,000 crore in arrears to vendors, lessors and employees

Jet Airways employees consortium, AdiGroup to bid for 75% of airline
Updated On : 28 Jun 2019 | 9:56 PM IST

Awaiting refund of cancelled Jet flight? You are unlikely to get it soon

The cash-strapped airline might wait for the bidding process to be completed before initiating any refunds

Awaiting refund of cancelled Jet flight? You are unlikely to get it soon
Updated On : 27 Jun 2019 | 12:28 PM IST

Events since January show banks were not keen to drag Jet to bankruptcy

Gyrations in its share prices last week show that the airline had erased investor wealth with the passive support of the banks

Events since January show banks were not keen to drag Jet to bankruptcy
Updated On : 26 Jun 2019 | 11:34 AM IST

Jet Airways insolvency: Airline invites claims from creditors by July 4

The airline owes over Rs 8,500 crore to a consortium of 26 banks led by State Bank

Jet Airways insolvency: Airline invites claims from creditors by July 4
Updated On : 24 Jun 2019 | 8:52 PM IST

NCLT Mumbai bench initiates insolvency proceedings against Jet Airways

Jet Airways owes more than Rs 8,000 crore to banks, and thousands of crores more in arrears to vendors, lessors and employees

NCLT Mumbai bench initiates insolvency proceedings against Jet Airways
Updated On : 23 Jun 2019 | 8:29 PM IST

Unholy fall of Jet Airways, a parrot the bankers killed with kindness

As the bungling of Jet Airways shows, no insolvency law will do any good to a financial system that has too much respect for capitalists and too little for capitalism

Unholy fall of Jet Airways, a parrot the bankers killed with kindness
Updated On : 22 Jun 2019 | 12:51 PM IST

Jet Airways case: SBI's no to Etihad's demands for open offer waiver, slots

SBI chairman Rajnish Kumar had Thursday defended the lenders' decision to take Jet Airways for bankruptcy saying "it was their last effort to find a resolution" for the grounded airline

Jet Airways case: SBI's no to Etihad's demands for open offer waiver, slots
Updated On : 21 Jun 2019 | 7:05 PM IST

Avoidable delay

Jet's assets lay rusting as banks dithered on going to NCLT

Avoidable delay
Updated On : 21 Jun 2019 | 12:07 AM IST

Dutch vendors move NCLT in Jet case, engineers, pilots seek to be parties

The counsel representing SBI had sought an urgent hearing of the case considering the importance of the matter

Dutch vendors move NCLT in Jet case, engineers, pilots seek to be parties
Updated On : 19 Jun 2019 | 10:04 PM IST

Airlines, private equity firms renew interest in grounded Jet Airways

Potential buyers want lenders to take up to 95 per cent haircut

Airlines, private equity firms renew interest in grounded Jet Airways
Updated On : 19 Jun 2019 | 1:40 AM IST

SBI files insolvency plea against Jet Airways; hearing on June 19

Jet Airways is sitting on a debt pile of Rs 8,500 crore

SBI files insolvency plea against Jet Airways; hearing on June 19
Updated On : 18 Jun 2019 | 12:49 PM IST

Over and out for Jet Airways as lenders start bankruptcy proceedings

State Bank of India and other lenders will refer the airline to NCLT later this week

Over and out for Jet Airways as lenders start bankruptcy proceedings
Updated On : 18 Jun 2019 | 1:43 AM IST

Fresh plan for Jet Airways rescue on cards; SBI to call meeting of lenders

Under the new guidelines, there is no strict fiat from the RBI to go to the NCLT

Fresh plan for Jet Airways rescue on cards; SBI to call meeting of lenders
Updated On : 14 Jun 2019 | 1:43 AM IST

Stock exchanges to impose trading restrictions on Jet Airways shares

There are restrictions in trading of shares that are under Trade for Trade Segment

Stock exchanges to impose trading restrictions on Jet Airways shares
Updated On : 12 Jun 2019 | 11:25 PM IST

Jet a 'wake up call'; policymakers to be partly blamed: SpiceJet chief

Jet Airways grounding is something which is very sad and it should be a wake up for all of us in the aviation sector and the policymakers, the Spicejet chief said

Jet a 'wake up call'; policymakers to be partly blamed: SpiceJet chief
Updated On : 04 Jun 2019 | 9:49 PM IST