Jet Airways Bankruptcy
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Why Plan To Revive Jet Airways Is In A Mess
Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the former No. 1 private airline's return to the skies, according to people familiar with the matter.
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Jet Airways Plan To Pull Out Of Bankruptcy Is In Tatters: Report
Creditors of Jet Airways and the company's new owners are deadlocked over a resolution plan to pull the airline out of bankruptcy, putting the carrier's future in limbo, according to sources.
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Jet Airways' Return To Skies Delayed With Plane Talks In Limbo
Jet Airways India Ltd, the carrier undergoing a court-monitored process to emerge from bankruptcy, won't return to the skies this month as previously planned, according to people familiar with the matter.
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Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17
Jet Airways crisis: The National Company Law Tribunal (NCLT) adjourned the key hearing on the revival plan for grounded airline on December 17 due to lack of time
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Bankrupt Jet Airways Plans To Resume Services By Summer 2021
Jet Airways will operate all its historic domestic slots in India and restart international operations after it receives approval from Indian regulators and a bankruptcy tribunal, according to a statement.
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Jet Airways To Resume Operations By Summer, Promise New Owners
Grounded Jet Airways plans to restart operations as a full service carrier by the summer of 2021, its new owners have said. A consortium, led by the Dubai-based entrepreneur Murari Lal Jalan and London-based Kalrock Capital on Monday announced a revival plan for the ailing airline, which halted operations in April 2019 due to bankruptcy amid piles ...
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Disinvestment Of Air India Should Improve Competition: Airlines Body
IATA said that the Jet Airways' bankruptcy - which happened in April this year - does raise questions on the sustainability of the Indian aviation sector.
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Jet Airways' Lenders Approve Interim Funding Of $10 Million: Report
Last month, Jet Airways' creditors, led by SBI, took the airline to bankruptcy court after failing to agree on a revival plan
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Fund-Raising An Internal Matter Of Jet Airways, Government Has No Role: Aviation Minister
The minister said that the State Bank of India has filed an application under the Insolvency and Bankruptcy Code, which has been admitted by NCLT
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Government Says Business Environment Not Good For Air India Sale In Immediate Future
The aviation sector is facing turmoil with one of its biggest private carriers, Jet Airways, facing bankruptcy, while passenger growth in the market overall has slowed.
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Bankruptcy Court Admits Insolvency Plea Against Jet Airways
The insolvency process will allow lenders to sell the company as a whole or in parts, laying out a fixed timeline for a resolution around its future
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Jet Airways Shares Crash, Slump Nearly 30% To Hit New Record Low
Investors' wealth in Jet Airways has been eroded massively as its market value has fallen from Rs 1,861.86 crore to Rs 330 crore.
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Jet Airways Bankruptcy Hearing From Wednesday; Founder Naresh Goyal 'Deeply Distressed'
The lenders have been trying to sell the airline as a going concern since the past five months, but failed due to many a reason.
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Jet Airways' Lenders To Take Airline To Bankruptcy Court
Once India's biggest private carrier, Jet Airways was forced to stop flying in April after running out of cash.
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Etihad, Three Others Bid For Jet Airways, Says SBI Caps As Deadline Ends: 10 Points
SBI Capital Markets, a subsidiary of State Bank of India, has received a solicited bid from Etihad Airways and three unsolicited bids for the now-grounded Jet Airways in an ongoing stake sale. The development comes as the deadline for submitting bids under the stake sale ended today at 6:00 pm. Jet Airways' lenders have taken a controlling stake in...
-
Why Plan To Revive Jet Airways Is In A Mess
Lenders to bankrupt Jet Airways India Ltd. are resisting a court-approved resolution plan, further delaying the former No. 1 private airline's return to the skies, according to people familiar with the matter.
-
Jet Airways Plan To Pull Out Of Bankruptcy Is In Tatters: Report
Creditors of Jet Airways and the company's new owners are deadlocked over a resolution plan to pull the airline out of bankruptcy, putting the carrier's future in limbo, according to sources.
-
Jet Airways' Return To Skies Delayed With Plane Talks In Limbo
Jet Airways India Ltd, the carrier undergoing a court-monitored process to emerge from bankruptcy, won't return to the skies this month as previously planned, according to people familiar with the matter.
-
Jet Airways Crisis: Bankruptcy Court Adjourns Hearing On Revival Plan To December 17
Jet Airways crisis: The National Company Law Tribunal (NCLT) adjourned the key hearing on the revival plan for grounded airline on December 17 due to lack of time
-
Bankrupt Jet Airways Plans To Resume Services By Summer 2021
Jet Airways will operate all its historic domestic slots in India and restart international operations after it receives approval from Indian regulators and a bankruptcy tribunal, according to a statement.
-
Jet Airways To Resume Operations By Summer, Promise New Owners
Grounded Jet Airways plans to restart operations as a full service carrier by the summer of 2021, its new owners have said. A consortium, led by the Dubai-based entrepreneur Murari Lal Jalan and London-based Kalrock Capital on Monday announced a revival plan for the ailing airline, which halted operations in April 2019 due to bankruptcy amid piles ...
-
Disinvestment Of Air India Should Improve Competition: Airlines Body
IATA said that the Jet Airways' bankruptcy - which happened in April this year - does raise questions on the sustainability of the Indian aviation sector.
-
Jet Airways' Lenders Approve Interim Funding Of $10 Million: Report
Last month, Jet Airways' creditors, led by SBI, took the airline to bankruptcy court after failing to agree on a revival plan
-
Fund-Raising An Internal Matter Of Jet Airways, Government Has No Role: Aviation Minister
The minister said that the State Bank of India has filed an application under the Insolvency and Bankruptcy Code, which has been admitted by NCLT
-
Government Says Business Environment Not Good For Air India Sale In Immediate Future
The aviation sector is facing turmoil with one of its biggest private carriers, Jet Airways, facing bankruptcy, while passenger growth in the market overall has slowed.
-
Bankruptcy Court Admits Insolvency Plea Against Jet Airways
The insolvency process will allow lenders to sell the company as a whole or in parts, laying out a fixed timeline for a resolution around its future
-
Jet Airways Shares Crash, Slump Nearly 30% To Hit New Record Low
Investors' wealth in Jet Airways has been eroded massively as its market value has fallen from Rs 1,861.86 crore to Rs 330 crore.
-
Jet Airways Bankruptcy Hearing From Wednesday; Founder Naresh Goyal 'Deeply Distressed'
The lenders have been trying to sell the airline as a going concern since the past five months, but failed due to many a reason.
-
Jet Airways' Lenders To Take Airline To Bankruptcy Court
Once India's biggest private carrier, Jet Airways was forced to stop flying in April after running out of cash.
-
Etihad, Three Others Bid For Jet Airways, Says SBI Caps As Deadline Ends: 10 Points
SBI Capital Markets, a subsidiary of State Bank of India, has received a solicited bid from Etihad Airways and three unsolicited bids for the now-grounded Jet Airways in an ongoing stake sale. The development comes as the deadline for submitting bids under the stake sale ended today at 6:00 pm. Jet Airways' lenders have taken a controlling stake in...
