Page 16 - Jet Airways

Confident of solving Jet crisis: Aviation minister Hardeep Singh Puri

We have made mistakes in civil aviation in the past which we need to correct, Puri said

NCLT adjourns hearing on Jet Airways insolvency case to June 20

Jet Airways owes more than Rs 8,000 crore to a consortium of banks led by the State Bank of India, which now run the airline

EXIM Bank likely to take back 6 grounded Jet Airways planes soon

Indian lenders had planned buying the planes as collateral

Operational creditors move NCLT seeking bankruptcy proceedings against Jet

The development comes at a time when banks are looking to resolve the once premier airline's debt issues outside the insolvency process

Jet Airways' ex-partners, rivals scramble to fill India capacity void

In October, Virgin Atlantic will launch Mumbai-London, while Delta will fly from Mumbai to New York from December, in a sign it will take months to replace Jet's non-stop capacity.

SpiceJet to hire up to 2,000 Jet staff, including pilots and cabin crew

The airline has taken at least 22 planes that were earlier used by Jet Airways, which temporarily shuttered its operations due to cash crunch in April.

Opportunities in India narrowing after Jet shutdown: Star Alliance CEO

Full service carrier Jet Airways, which had a significant number of international flights, temporarily suspended operations in April after running out of cash

Hinduja group confirms evaluating options for Jet Airways stake

Jet, once the biggest private airline in India, stopped all flights from April 17 after lenders refused to give it any more funds to keep flying.

Jet Airways employees raise their demands outside Civil Aviation Ministry

The employees' demands included payment of their salaries and revival of the airlines

A transparent SOP to allocate Jet's foreign flying rights to airlines: Govt

The airfares have risen dramatically on many international routes since Jet Airways suspended its operations on April 17

Jet Airways board dysfunctional as Etihad's nominee director quits

Jet suspended operations on April 17

Mumbai firm Darwin Group submits bid to invest in grounded Jet Airways

Singh's Darwin Platform Group is the third unsolicited bidder to stake a claim for revival of the grounded airline

Hinduja group keen on Jet Airways takeover; seeks Naresh Goyal's consent

The airline industry in India has already witnessed similar meltdowns with SpiceJet making a spectacular turnaround after a similar situation

Lenders, Etihad want UK's richest family, the Hindujas, to buy into Jet

The Hinduja Group is non-committal but will keep its options open

Jet to get back airport slots after resolution process ends: Minister

Government remains 'committed to the strategic sale of Air India', says Jayant Sinha.

Jet Airways sees top management exodus as rescue hopes dim for airline

Chief Executive Vinay Dube and Chief Financial Officer Amit Agarwal of Jet Airways resign.

Jet CEO Vinay Dube resigns, follows chief financial officer Agarwal

Jet, which owes vast sums to its lessors, pilots, fuel suppliers and other parties, stopped all flights from April 17

Jet Airways CFO, deputy CEO Amit Agarwal resigns for 'personal reasons'

Amit Agarwal had been named as the deputy chief executive officer of the airline in 2017

Jet Airways deal likely to give wing to Etihad to take on Emirates

In 2013, Etihad bailed Goyal out when he sank into a financial mess by taking a 24 per cent stake in Jet for $397 million

Etihad interested in re-investing in Jet Airways subject to conditions

Airline is saddled with roughly $1.2 billion in bank debt; deadline to buy a stake is over.