Jet Airways share price continued its slide for the thirteenth straight day after lenders led by State Bank of India (SBI) thought of taking the ailing airline to bankruptcy... Read more »
In a huge setback to the lenders’ revival/sale plan of the grounded Jet Airways, two operational creditors–Shaman Wheels and Gaggar Enterprises– Monday shifted the NCLT seeking bankruptcy proceedings against... Read more »
SpiceJet Ltd’s March quarter has seen a net profit increase of 22% from a year ago, despite the grounding of its Boeing 737 Max aircraft. However, the numbers still... Read more »
The domestic passenger traffic had seen an upward trend between July 2013 and March 2019, after witnessing year-on-year de-growth in June 2013, the rating agency said in the note... Read more »
At a time when mainline and social media platforms are filled with images, short stories and videos of former and current employees of Jet Airways, we received a WhatsApp message... Read more »
The lenders of Jet Airways may soon favour resolution outside the insolvency law framework if the ongoing bidding process for stake sale in the embattled airline does not bear... Read more »
Jet Airways has always been a household name for the young aspirational Indian. Born at the dawn of liberalization, it removed the monopoly previously enjoyed by Air India and... Read more »
The consortium of SBI-led lenders Thursday said bids for selling stake would be invited on April 6 and other options would be explored in case the stake sale efforts... Read more »
A day after the government announcement of Public Sector Banks (PSUs) bailout plan for Jet Airways, businessman Vijay Mallya lashed out at the PSUs for “double standards” under the... Read more »
Twenty-five years after founding private airline Jet Airways, Naresh Goyal and his wife Anita Goyal have stepped down from the board of the company. Naresh Goyal will also cease... Read more »