Jet Airways

Jet Airways CEO Sudhir Gaur resigns ahead of airlines' return into market

According to sources, Gaur, a commercial pilot, had put in his papers some days back. He was appointed as the accountable manager and acting chief executive around September last year.

published on : 6th January 2022

Jet ready to resume operations in 2022, asks NCLT to fast-track resolution

The consortium’s plan to restart Jet, which was grounded in April 2019, comes at a time when the Omicron variant of coronavirus is posing a threat to domestic as well as international flight movement.

published on : 18th December 2021

Jet Airways in 'advanced discussions' with Boeing, Airbus for buying aircraft

The grounded airline has been acquired by Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process.

published on : 3rd December 2021

Jet Airways posts Rs 306 crore loss in September quarter

The once-storied full service carrier recognised a loss of Rs 244.98 crore in relation to the sale of an aircraft, which was attached by the Dutch administrator, in the latest September quarter.

published on : 9th November 2021

Revival mode: Jet Airways in talks with Chennai airport

Sources told TNIE that Jet Airways plans to begin with one night parking slot initially in Chennai as it plans to resume operations with six aircraft.

published on : 3rd October 2021

Ex-employees’ gratuity claims not to hit airline, says Jet Airways

Jet Airways has stated that its staff approaching the labour department over non-payment of gratuity and other dues would not have any impact on the airline.

published on : 29th September 2021

Jet Airways to resume domestic operations in Q1 2022: Jalan Kalrock Consortium

This statement by the consortium comes weeks after PNB has moved the NCLAT alleging gross irregularities in the conduct of the Resolution Professional.

published on : 13th September 2021

Jet Airways ex-employees move NCLAT to challenge Karlock-Jalan resolution plan

It was a much expected move by former employees as many experts believed that they are compensated poorly in the resolution plan.

published on : 19th August 2021

Can’t ensure job for all existing staff, say new owners of Jet Airways

Even as there are over 3,500 employees associated with Jet airways even after its grounding, the Jalan-Kalrock consortium plans to have only a few hundred workers when Jet restarts its services.

published on : 31st July 2021

Naresh Goyal, Ajay Singh, Prashant Ruia among potential Pegasus spyware targets: Report

In addition, the leaked records contain details of the numbers of at least one official each from the PMO and NITI Aayog, The Wire said.

published on : 27th July 2021

Jet Airways shares plunge five per cent after earnings announcement

The stock declined 5 per cent to Rs 126.45 -- its lowest trading permissible limit for the day -- on both the BSE and the NSE.

published on : 1st July 2021

Jalan Kalrock Consortium to make Rs 1,375-crore cash infusion in Jet; lenders to take steep haircut

The National Company Law Tribunal (NCLT) on June 22, approved the consortium's resolution plan for Jet Airways, which has been undergoing insolvency resolution process since June 2019.

published on : 1st July 2021

Jet cannot have historical right over airport slots: NCLT rejects new owners' appeal

The Jalan-Kalrock consortium, which won the bidding for Jet, had requested that the slots should be allotted to them on a historicity basis.

published on : 1st July 2021

Jet Airways: Seven-member monitoring panel to manage airline under resolution plan

The full-service carrier, which suspended operations in April 2019, was undergoing Corporate Insolvency Resolution Process (CIRP).

published on : 26th June 2021

Jet Airways shares gain five per cent, continue to fly high after Jalan Kalrock Consortium bid

Two years after Jet Airways went bankrupt, the NCLT gave its nod to the Jalan Kalrock Consortium's bid for the airline.

published on : 23rd June 2021
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