Airline’s founder to remain in custody till Sept. 11
- 02-Sep-2023
An Indian court on Saturday decided that Jet Airways founder Naresh Goyal will remain in India’s financial crime agency’s custody until Sept. 11, according to two people familiar with the matter. Enforcement Directorate which investigates financial crimes in India had arrested Goyal late on Friday night. Jet Airways did not immediately respond to a request […]
Jet Airways resolution plan approved by creditors
- 17-Oct-2020
Creditors to India’s Jet Airways have approved a resolution plan which will give country’s oldest private carrier a new lease of life
Jet Airways extends deadline for initial bids
- 03-Aug-2019
India’s Jet Airways has extended the deadline for initial bids for the bankrupt airline to Aug. 10 from Aug. 3, a statement from the company said on Saturday
Jet Airways’ lenders approve interim finance plan for the carrier
- 19-Jul-2019
Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs
India’s largest airline IndiGo’s shares slump
- 10-Jul-2019
India’s largest airline IndiGo's shares slump
Bankruptcy court admits insolvency plea against Jet Airways
- 20-Jun-2019
The insolvency process will allow lenders to sell the company as a whole or in parts, laying out a fixed timeline for a resolution around its future
Jet Airways’ lenders to take airline to bankruptcy court
- 17-Jun-2019
Lenders to Jet Airways plan to begin insolvency proceedings against the debt-laden carrier, a consortium of the airline’s lenders said in a statement
Jet Airways stock plunges
- 13-Jun-2019
Shares of Jet Airways sunk over 23% to a record low on Thursday after India’s largest stock exchange said the carrier would soon no longer be traded in the derivatives market,
Etihad submits bid for Jet Airways
- 11-May-2019
Etihad, which already holds a minority stake in Jet, is interested in re-investing in the airline, subject to certain conditions
Boeing hives off 210 orders after Jet Airways halts operations
- 24-Apr-2019
The US planemaker did not disclose the name of the airline involved but the move came days after India’s Jet Airways halted operations after lenders rejected a plea for emergency funds