Page 14 - Jet Airways

Jet Airways, Vakrangee and 27 other stocks gain over 100% in one month

Shares of Jet Airways (India) were locked in the 5 per cent upper circuit band for the eighth straight day, surging 102 per cent in the past one month

Sensex ends volatile session 182 points higher; PSU bank stocks surge

All that happened in the markets today

Jet Airways may resume operations next year: Jalan-Kalrock consortium

The consortium of UAE-based businessman Murari Lal Jalan and London's Kalrock Capital - which has won the bid to revive Jet Airways - on Monday said it expects to start operating the airline by the summer of 2021. The consortium is awaiting the NCLT and other regulatory approvals, including reinstatement of slots and bilateral traffic rights by the civil aviation ministry and Directorate General of Civil Aviation (DGCA). It is also planning to launch dedicated freighter services once the carrier takes off the ground again. The committee of creditors (CoC) has already approved the airline's revival plan submitted by the consortium in October. Jet Airways was grounded on April 17 due to liquidity crisis and subsequently went into administration in June 2019. "As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in India and restart international operations. The Jet 2.0 program is aimed at reviving the past glory of Jet Airways, with a fresh s

Top headlines: Jet to resume all services in 2021; DFI tag for IIFCL

From Jet Airways planning to resume all services in 2021 to FinMin proposing DFI tag for IIFCL, here are top headlines this morning

Jet Airways plans to resume as full-service airline in summer of '21

For businessman Murari Lal Jalan and consortium partner Kalrock, reviving airline is an opportunity

Best of BS Opinion: Uncertain times for India, Covid-19 vaccine, and more

Here's a selection of Business Standard opinion pieces for the day

And then there were none

For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks

Bank Employees' Association wants LVB to be merged with a PSU bank

RBI's role should be thoroughly probed, says AIBEA

New Jet Airways owners approach Aditya Ghosh, Prock Schauer for CEO role

Industry sources said that it will be difficult to attract veteran executives unless they have a concrete stable plan

Bankrupt, grounded Jet Airways is world's best performing airline stock

Stock in Mumbai-listed Jet Airways has surged almost 150 per cent this year versus a 42 per cent plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe's biggest carriers

Tata Teleservices, Jet Airways, Videocon Ind gain over 100% in one month

TTML, the top gainer among the list, has zoomed 192 per cent to Rs 8.62 from Rs 2.95 on the BSE.

A confident Virgin Atlantic to double down on Indian aviation market

The propensity to travel amongst Indians is going up as is their willingness to pay, says Alex Mcewan, Virgin Atlantic Country Manager-India

Best of BS Opinion: Jet's revival plan, rising onion prices, and more

Here's a selection of Business Standard opinion pieces for the day

Missing pieces in Jet's revival plan

After 18 months of closure, what really could be salvaged? And the answer sadly is, precious little

Jet Airways will have to reapply for slots, have 20 planes for global ops

When it shut operations, Jet Airways had close to 700 such slots pair including 116 and 214 in prime airports of Delhi and Mumbai

Jet Airways revival: An uphill task amid strong headwinds on take-off

If the Murari Lal Jalan-Kalrock Capital combine can script a turnaround, it will have pulled off a bigger coup than Ajay Singh did with SpiceJet in 2014

Jet Airways may fly again in 4-6 months after new management takes over

Now, after the Kalrock-led consortium takes over the airline, the first task would be to retrieve its slots which were temporarily distributed among other players

Jet Airways revival: Will it get back its slots and traffic rights?

Slot demand and allocation will depend on the fleet size, aircraft utilisation, and network.

Jet revival: Businessman Murari Lal Jalan's journey from paper to planes

Kalrock Capital-Murari Lal Jalan consortium was selected by committee of creditors in a voting process which concluded on Saturday

Kalrock to pilot Jet Airways take-off with Rs 1,000-crore investment

While Jet has admitted claims of over Rs 15,000 crore, the resolution plan consists of Rs 866 crore in upfront and deferred payment to creditors