The changing skies: How Jet Airways’ collapse and Air India-Vistara merger redefined Indian aviation in 2024 While the fall of Jet Airways reflects the industry’s volatility, the Air India-Vistara merger highlights the importance of strategic consolidation.… 12 months agoDecember 19, 2024
Jet’s liquidation may take off with auctioned planes The airline’s senior executives said that there is a positive approach from the lenders and the liquidator of erstwhile Jet… 12 months agoDecember 16, 2024
Jet set wait: The airline’s liquidation exposes the shortcomings of India’s much-vaunted insolvency resolution process According to the Insolvency and Bankruptcy Code (IBC), 2016, a resolution process must be completed by 180 days, with the… 1 year agoNovember 11, 2024
Sky-high tragedy: How Jet Airways fell from the top to liquidation The liquidation marks a sad closure for Jet Airways, a carrier that once redefined air travel in India. Over the… 1 year agoNovember 7, 2024
Supreme Court overturns NCLAT ruling, directs liquidation of Jet Airways The Supreme Court nullified the JKC-led resolution plan to revive the bankrupt airline, citing that the consortium failed to provide… 1 year agoNovember 7, 2024
Jet Airways founder Naresh Goyal’s wife Anita Goyal dies of cancer Earlier this month, Naresh Goyal had sought interim bail from the Bombay High Court on medical and humanitarian grounds citing… 2 years agoMay 16, 2024
Winning bidder of Jet planes may exit pact Two years after the company signed the deal with the monitoring committee of Jet Airways to take possession of the… 2 years agoMay 15, 2024
Jet Airways’ financial turbulence: NCLAT upholds transfer of ownership of airline to Jalan Kalrock Consortium The appellate tribunal has instructed the lenders to complete the transfer within 90 days, and mandated the consortium to obtain… 2 years agoMarch 12, 2024
Cycle of dependency: The desperate yearning for more has consumed many businessmen like Naresh Goyal The man who stepped out of Mumbai’s Arthur Road jail only for a few hours last week was wearing a… 2 years agoJanuary 24, 2024
‘No hope, better to die in jail’: Jet Airways founder Naresh Goyal breaks down in court Naresh Goyal, who turned teary-eyed, submitted that he misses his wife Anita very badly and said she is in the… 2 years agoJanuary 7, 2024
Enforcement Directorate attaches assets worth Rs 538 crore in Jet Airways case The ED had on Tuesday filed a chargesheet against Naresh Goyal in its probe against Jet Airways under the Prevention… 2 years agoNovember 2, 2023
Jet Airways’ lenders question Jalan-Kalrock funding source Consortium says lenders do not intend to transfer ownership of airline. 2 years agoOctober 4, 2023
Go First, Jet Airways lose airline codes G8 and 9W are two key codes assigned by the IATA 2 years agoSeptember 2, 2023
ED arrests Jet Airways founder Naresh Goyal in bank fraud case Goyal, 74, is expected to be produced before a special PMLA court in Mumbai on Saturday where the ED will… 2 years agoSeptember 2, 2023
Jet Airways insolvency case: NCLAT extends time till September 30 for Jalan-Kalrock Consortium to pay Rs 350 crore Jalan-Kalrock Consortium had emerged as the winning bidder for the airline, which stopped flying in April 2019 and later underwent… 2 years agoAugust 28, 2023
Jet lenders extend Jalan-Kalrock payment date till Sept-end A bank guarantee of Rs 150 crore is also included in the total payment schedule which the JKC has urged… 2 years agoAugust 21, 2023
Jalan-Kalrock commits Rs 350 crore to Jet creditors The NCLAT is understood to have agreed to hear the case again on August 21 and has asked JKC to… 2 years agoAugust 18, 2023
Jet lenders ask Jalan Kalrock to pay Rs 350 crore Last week, the Directorate General of Civil Aviation renewed with conditions the air operator certificate (AOC) of Jet Airways until… 2 years agoAugust 8, 2023
