Page 15 - Jet Airways

Light at the end of the tunnel: Jet Airways staff after nod to revival plan

The airline's employees have admitted claims of Rs 1,265 crore

Path to restart Jet Airways operations tough, uncertain, says expert

He also said that the "terms" accepted by the Jet Airways creditors did not make sense to CAPA

Jet Airways lost, Sanjay Mandavia on course to launch his own new airline

Pilot-turned-airline owner and his partner Biraja Jena, who heads UAE-based fund Imperial Capital, say they are on course to launch FlyBig which has secured 16 routes under Phase-4 of UDAN

Jet Airways' CoC approves resolution plan of Kalrock-Murari Jalan

Kalrock Capital, a financial advisory and asset management company, was founded by European entrepreneur Florian Fritsch

Court junks ED plea seeking to intervene in case against Jet Airways

A sessions court on Thursday rejected a revision plea of the Enforcement Directorate (ED) against a magistrate's order denying it permission to intervene in a cheating case against Jet Airways

Voting on Jet Airways revival underway, decision after October 16

Kalrock Capital is the favourite to win the bid with social media also abuzz about lenders choosing it

Kalorck Capital raises concerns over transparency of Jet resolution process

Kalrock has written to the lenders saying that the bid process should be completed transparently and quickly, pointing to the successful resolution of bankrupt Virgin Australia

Resolution Applicants get more time to submit final offer for Jet

Lenders had earlier asked the two parties for final offers the previous week, but post the meeting on Monday, both consortia have now been asked for their final offers by end of this week

Resolution applicants to come up with final offer for Jet early next week

Sources say bidders are seeking clarity from govt on the carrier's airport slots and traffic rights, which have been given to other carriers temporarily

Vistara: Here's why slow and steady may not always win the race

'The airline has been slow and stodgy in its management in this time of crisis,' says an aviation industry analyst

How Covid-19 gives India's private airlines a chance to go international

Private airlines in India are battling losses. The crisis gives them an opportunity, but there are challenges, too. Sai Manish lists the challenges for an Indian private airline to fly international

How IndiGo CEO sees aviation shaping up amid worst crisis in history

Dutta is convinced that no matter where we find ourselves today, one cannot go wrong with the Indian aviation market

Vistara's loss widens to Rs 1,814 cr in FY20 on higher running costs

This is the highest single-year loss for the Tata Sons-Singapore Airlines joint venture since its began operations in 2015

Jet Airways' FY19 loss widens to Rs 5,535 cr due to surge in expenses

The full service carrier, which is undergoing an insolvency resolution process, has recieved two resolution plans that are under evaluation

Air Asia India was fraying before coronavirus, now it's at breaking point

Conflicting news reports say Tatas want to sell their stake and exit, and that the Malaysian partner Air Asia Berhard wants to bow out.

Debt-laden Jet Airways receives resolution plan from two bidders

Jet, which has been under insolvency since June last year, had received 12 expression of interests in the fourth round, after the first three rounds failed to garner any financial bids

ED opposes closure of cheating case probe against Jet Airways' Naresh Goyal

Stating that the police didn't consider crucial facts of the case, the ED has filed an intervention application before a court

Brookfield to acquire Jet Airways' Mumbai office for Rs 490 crore

According to real estate experts, the price quoted by Brookfield is fair value given the current market conditions. Brookfield declined to comment on the matter.

NCLT allows Jet Airways to sell office in Mumbai's Bandra Kurla Complex

The property is non-core asset of the grounded airlines, which was never used by Jet as part of its airlines business

Jet's office in Mumbai's BKC put up for sale, reserve price Rs 490 cr

Property has about 169,983 sq ft saleable area; auction on June 26, EMD set at Rs 25 cr