Page 11 - Jet Airways

Billionaire Hinduja brothers set to bid for Jet Airways by Jan 15: Report

Deliberations are at early stage and Hinduja Group may decide against bidding, or other bidders may emerge, the people said

Airports Authority banks on non-metros for overnight parking of planes

The AAI's western region also requested the Madhya Pradesh government to reduce value-added tax (VAT) on aviation turbine in Bhopal, Indore and Jabalpur to encourage overnight parking of planes

Jet Airways hits upper circuit for 7th straight day, nears 3-month high

In the past 10 trading days, the stock has rallied 54 per cent from the level of Rs 18.39, hit on December 11, as compared to 2.5 per cent rise in the S&P BSE Sensex during the same period

Post NCLT extension, Jet Airways' creditors decide to seek fresh bids

The Committee of Creditors (CoC) would seek fresh Expression of Interest (EoI), according to a regulatory filing on Monday

Jet Airways' insolvency resolution extended by 90 days as bidders seek time

On Thursday, Synergy Group Jet Airways' sole potential bidder had sought more time to take a decision on investing in the grounded airline

Don't delay decision on reviving Jet Airways, NCLT tells Synergy Group

The South American group had failed to provide a resolution plan before December 16 deadline due to uncertainty on airport slots

NCLT directs Jet Airways lenders to expedite decision on fresh EOIs

The RP on December 17 had told the tribunal that until now two investors have shown interest in the airline

Jet lenders to invite fresh bids as parties are willing to revive airline

The CoC will vote on restarting the bid process on Friday and the results will be out on Saturday

Will certainly consider investors' plan for Jet's rescue: DGCA to NCLT

The NCLT will hear the Synergy Group on Thursday about the company's clarifications on its stand on the airport slots.

NCLT seeks clarity on available Jet slots from DGCA, aviation ministry

Airport slots, the permit for arrival and departure at an airport, play an important role for potential bidders to value the grounded airline

Govt should protect 'historical rights' of Jet over its slots: Employees

After Jet Airways ran out of funds, it had shut down operations on April 17 and this led to a sudden rise in domestic and international airfares

Jet creditors seek 90-day extension in insolvency resolution process

Synergy Group is the only interested entity shortlisted by the Resolution Professional's team to file a plan for the defunct airlines

Providing jobs to former Jet employees not in our domain: Govt in RS

According to Minister of Civil Aviation Hardeep Singh Puri, it is the job of the management of an airline to keep it afloat.

Flogging a dead horse

The rest periods of pilots have been reduced from what is mentioned in the civil aviation requirement rules

Synergy group gets a month to submit resolution plan for Jet Airways

It had been given time till November 15 to submit its bid. However, the group sought more time as it seeks clarity on airport slots in India and London

Synergy group seeks time till February to submit Jet resolution plan

Group seeks clarity on securing airport slots in India and London; airline's lenders to meet next week to consider its request

Moving on from gloomy past: JetPrivilege loses the jet, gains new identity

The defunct airline's loyalty programme rebrands itself, calls itself InterMiles and gets a new logo as it looks to live down its past

Jet Airways, Naresh Goyal under SFIO lens; stock hits lower circuit

The grounded Jet Airways owes over Rs 8,000 crore to its lenders. Besides, the airline is estimated to have a total liability of about Rs 25,000 crore which includes dues of operational creditors.

Jet Airways, Naresh Goyal under SFIO probe for 'siphoning off' money

The probe agency has found that the company's vast network of sales agents across the globe was not independent of Jet Airways and several of these entities were linked to its founder, Naresh Goyal

It's peak season but air tickets are going cheap, thanks to price war

Many analysts had hoped that, with less competition, airlines would regain their pricing power and air fares would move northwards