Page 5 - Jet Airways

Around 30 airports assure new Jet Airways owners of slot availability

Consortium's plan hinges on historic rights over peak hour slots

Jet Airways shares fall nearly 5% after shareholders reject results

On Friday, the 30-share BSE Sensex closed marginally higher.

Jet Airways shareholders reject FY19 and FY20 accounts ahead of NCLT ruling

Institutional investors lead rejection brigade as Naresh Goyal abstains; proposal to appoint Sharp and Tannan as statutory auditors approved

Top headlines: CII seeks Rs 3-trn stimulus; Jet's FY20 results rejected

Business Standard brings you the top news of the evening

Jet Airways shareholders reject company's financial results for FY20

The airline has dues of around Rs 8,500 crore.

How Indian aviation sector braved Covid turbulence better than global peers

Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course

Jet Airways annual general meeting adjourned due to lack of quorum

The annual general meeting of Jet Airways scheduled to be held on Tuesday was adjourned due to lack of quorum, according to a regulatory filing. The company would intimate the further notice of the adjourned meeting separately, it added. Jet Airways suspended operations in April 2019 and is currently undergoing an insolvency resolution process. The affairs of the full service carrier are being managed by resolution professional Ashish Chhawchharia. "... we hereby inform you that the meeting to be held on Tuesday, 08 June 2021 at 12:00 Noon (IST) through two-way Video Conferencing ('VC') facility or Other Audio-Visual Means ('OAVM') was adjourned due to want of the quorum," the filing said on Tuesday. As per a filing in May, the meeting on Tuesday was to consider and adopt the company's audited standalone financial statements for the financial year ended March 31, 2020 together with the reports of auditors. Besides, the appointment of statutory auditor was to be discussed. The com

Can't have auto-restoration of slots to Jet Airways: Centre tells NCLT

The Kalrock - Jalan consortium, who are successful resolution applicants of Jet Airways, said they were under the impression that slots and traffic rights held by Jet will revert to it

Jet Airways' annual general meeting on June 8: regulatory filing

The firm suspended operations more than two years ago

Slot allotment issue to be resolved soon: Jet Airways' stakeholders to NCLT

The civil aviation ministry, regulator DGCA and winning bidder Jalan-Kalrock consortium on Monday informed the NCLT that the issue of allotment of slots to the airline is expected to be resolved soon.

Jet Airways: Kalrock-Jalan consortium seeks task force on airport slots

The consortium has made this request in its affidavit before the National Law Company Tribunal

Former Jet Airways CEO Vinay Dube plans to launch a new airline in 2021

Dube has teamed up with his airline colleagues Praveen Iyer and Nikhil Ved for the venture and has held talks with aircraft manufacturers Airbus and Boeing

Large firms may start business travel from FY22: MakeMyTrip's Rajesh Magow

"I think this winter, domestic traffic should come back to the pre-Covid level," says CEO Magow

DGCA, aviation ministry refuse to give assurance on Jet Airways slots issue

Any request of the resolution applicant (Jet Airways) for allocation of slots would be considered as per the existing policy and procedure, affidavit said

Jet Airways cannot claim historical right on airport slots: Govt to NCLT

The ministry and the civil aviation regulator have said the government will consider the airline's request for slots as per existing policy

Stocks to watch: Heranba Industries, Wipro, IB Housing Fin, Jet Airways

Indiabulls Housing Finance has raised $150 million by issuing foreign currency convertible bonds, the company said

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The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note

Govt non-committal on Jet Airways' historical rights on flight slots

DGCA and Civil Aviation ministry informed the Mumbai bench of NCLT that Centre will favourably consider application of slots to revive the company

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Titan's subsidiary CaratLane Trading has incorporated a wholly-owned subsidiary 'StudioC Inc' and acquired 100 per cent of the total share capital worth $1,50,000

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The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session