Page 10 - Jet Airways
Jet Airways says its VP-operations Sudhir Gaur has quit the company
Jet Airways on Wednesday said its VP-operations, Sudhir Gaur, who was designated as the airline's 'accountable manager', has quit the company. The grounded airline, which is expected to resume operations this year under its new promoters Murari Lal Jalan-Kalrock consortium, in a regulatory filing clarified that Gaur was not the interim CEO of the company. It also said the Monitoring Committee at its meeting on January 5 has provided its "in-principle approval" to the nomination of Priyapal Singh as the new 'accountable manager' of the company. Jet Airways ceased operations in April 2019. "Sudhir Gaur is not the 'interim CEO' of the company as reported by certain news agencies. Gaur, who recently resigned from the company, was employed in July 2021 as VP- Operations and designated as the 'accountable manager' of the company (for the purposes of the requirements under civil aviation laws and regulations)," Jet Airways said in the filing. It said that the day-to-day operations and ..
 "Jet Airways says its VP-operations Sudhir Gaur has quit the company")
Ahead of planned 2022 takeoff, Jet Airways sees spate of senior-level exits
Replacement for accountable manager Sudhir Gaur finalised; no immediate confirmation of replacements for finance and MIS heads
 "Ahead of planned 2022 takeoff, Jet Airways sees spate of senior-level exits")
New Jet Airways owners may infuse around Rs 1,500 crore in first tranche
The investment announcement comes days before the deadline fixed by the lenders, funding shortage has been hurting revival plans of the airline
 "New Jet Airways owners may infuse around Rs 1,500 crore in first tranche")
Jalan-Kalrock consortium approaches NCLT to fast-track Jet resolution
The consortium said it plans to restart domestic operations at the earliest in 2022 as a full-service carrier
 "Jalan-Kalrock consortium approaches NCLT to fast-track Jet resolution")
Jet in 'advanced discussions' with Boeing, Airbus for buying aircraft
Jet Airways, which is preparing to relaunch operations next year, on Friday said it is in "advanced discussions" with Boeing and Airbus for buying and leasing planes.
 "Jet in 'advanced discussions' with Boeing, Airbus for buying aircraft")
Jet Airways says in 'advanced discussions' with Boeing, Airbus for aircraft
The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.
 "Jet Airways says in 'advanced discussions' with Boeing, Airbus for aircraft")
Jet Airways in talks with Boeing, Airbus for $12-bn order: Report
The news on Jet comes a month after billionaire investor Rakesh Jhunjhunwala-backed low cost Indian carrier Akasa Air placed a $9 billion order for 72 Boeing 737 MAX jets
 "Jet Airways in talks with Boeing, Airbus for $12-bn order: Report")
Defunct carrier Jet Airways posts Rs 306 cr loss in September quarter
The once-storied full service carrier recognised a loss of Rs 244.98 crore in relation to the sale of an aircraft
Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid
FII fund flows, corporate earnings and ongoing IPOs likely to be in focus today
 "Stocks to Watch: RIL, Aurobindo, BHEL, M&M, Jet Airways, IDFC, PowerGrid")
Top headlines: Govt plans IDBI sale; chief economist Gopinath to leave IMF
India's drug regulator is examining recommendation by experts for approving Bharat Biotech's Covaxin for children. More in top headlines this morning.
 "Top headlines: Govt plans IDBI sale; chief economist Gopinath to leave IMF")
Jet Airways was one of the toughest assignments as SBI chief: Rajnish Kumar
In his book titled 'The Custodian of Trust', Kumar said SBI board wanted letter of support from govt before approving Jet Airways resolution plan
 "Jet Airways was one of the toughest assignments as SBI chief: Rajnish Kumar")
Jet Airways staff approaches labour dept over non-payment of gratuity
The NCLT order, which is public now, provides for a very microscopic settlement for employees, which is pegged at Rs 52 crorE
The Morning Show, Ep 1: Jet Airway, Indian economy, and the middle class
Is the economic recovery at the cost of the middle class? Will Jet Airways' take-off after a lull be smooth? Is stock frenzy based on irrational exuberance? Listen to this podcast for answers
 "The Morning Show, Ep 1: Jet Airway, Indian economy, and the middle class")
Jet Airways to have over 100 aircraft in 5 years; HQ will shift to Gurugram
First flight between Delhi & Mumbai in Q1 of 2022
 "Jet Airways to have over 100 aircraft in 5 years; HQ will shift to Gurugram")
Jet Airways to resume domestic operations in first quarter of 2022
The Jalan Kalrock Consortium, the successful resolution applicant of the carrier, announced on Monday
Boeing 777 held by Dutch sold; insolvency process to close now: Jet Airways
Jet Airways said one of Boeing 777 aircraft, which was under the custody of Dutch Administrator due to insolvency proceedings in Netherlands is sold, and proceedings to be utilised to close process
NCLAT issues notice over PNB's plea against Jet Airways resolution plan
The bank is aggrieved by the reduction in its claim amount by around Rs 202 crore by the Resolution Professional
PNB says Jet revival plan is discriminatory, files appeal in NCLAT
PNB is the largest shareholder in Jet Airways with 26 per cent stake which it secured after invocation of a pledge in 2019
Top headlines: August exports rise 45%; RRVL gets sole control of Just Dial
Business Standard brings you the top stories this evening
 "Top headlines: August exports rise 45%; RRVL gets sole control of Just Dial")
PNB asks NCLAT to quash Kalrock-Jalan resolution plan for Jet Airways
PNB argues that Jet's court-appointed rescue official had initially accepted its claim of nearly Rs 1,000 cr from the airline's backers, but then reduced it by Rs 200 cr