Page 12 - Jet Airways

Lost Jet capacity back in air: With 5 new aircraft, carriers' fleet at 618

When Jet Airways was operating to its full schedule, the total fleet size of Indian airlines had peaked at 614 in January

Grounded Jet Airways still flying on the bourses, up 44% in 9 days

The stock, which could be out of most investors' portfolios by now, steadily gained nearly 45 per cent in just the past nine trading sessions, surprising analysts and investors alike

Arrest of Mirchi's aide turns the spotlight on corporate-underworld nexus

History shows that links between corporate powerhouses and terror financing are not new. Nor are they restricted to industries such as cinema or real estate

Festive season fails to lift air travel demand despite flash sales

Aviation experts blamed low business activity, muted consumer sentiment and closure of Jet Airways as main reasons for the lower number of passengers flying

Former Jet Airways CEO Vinay Dube joins GoAir in advisory role

Dube boarded the Wadia group-promoted carrier last week, the source added

Jet Airways' RP hints at giving more time to Synergy to submit bid

Synergy Aerospace is still doing due diligence of Jet Airways, which was admitted for the insolvency on June 20, the airlines resolution professional Ashish Chhauchharia told the NCLT

SpiceJet may take more of Jet Airways' 737 MAX planes, says chairman

The grounding of MAX planes has hurt SpiceJet's capacity expansion and international plans and raised costs

NCLAT decision on Jet's CoC meetings a welcome signal to foreign investors

The NCLAT's decision is based on a 'Cross Border Insolvency Protocol' agreed upon by the Dutch insolvency court administrator and the Indian Resolution Professional of debt-laden Jet Airways

NCLAT allows Jet Airways' Dutch insolvency court to be part of CoC

Experts say ruling likely to break fresh grounds on cross-border insolvency norms

NCLAT allows Dutch court administrator to attend Jet Airways CoC meetings

The grounded Jet Airways owes more than Rs 8,500 crore to lenders

NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days

Some lenders like Yes Bank, Punjab National Bank, IDBI Bank, Bank of India, Indian Overseas Bank and Axis Bank are yet to release their portion

ED finds gaps in State Bank of India audit of grounded Jet Airways

The probe agency is now planning to conduct an independent audit on Jet

Dutch court administrator, Jet Airways' RP agree to cooperate in insolvency

Jet is facing insolvency proceedings in the Netherlands, which is a regional hub for the Euro operations of the airline

Dutch administrator, Jet Airways' RP agree to cooperate in insolvency

The appellate tribunal has asked both parties to file their terms and conditions by Monday

Synergy Group in talks with lenders, govt on grounded Jet Airways revival

A source privy to the development said the group's representatives were planning to meet aviation ministry officials this week before taking a call on whether to send a team for detailed due diligence

Will Mr Naresh Goyal get lucky once again?

It's anybody's guess whether investigating agencies would be able to pin Naresh Goyal down this time

Fly with caution

With growth hitting a new low, the Indian aviation sector needs to tread carefully

Enforcement Directorate grills Naresh Goyal over diversion of Jet funds

The enforcement agency is probing Goyal's offshore investments which were made through diversion of funds from Jet Airways to 19 shell companies allegedly managed by him

Top 10 biz headlines: External benchmarking of rates, GST cut mooted & more

From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news

Synergy Group, RA Treasury make the cut for reviving defunct Jet Airways

Avantulo Group and RA Treasury were the first ones to submit their intent