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Reputation: 10,122 • Dec 22, 2020 10:58 AM
Sanjay Mandavia May Not Have Got Jet Airways, But His Flybig Is Set To Take Off This Month
Flybig, which has got the permit from the DGCA to start services, has already operated a chartered flight between Delhi and Shillong.
Flybig, which has got the permit from the DGCA to start services, has already operated a chartered flight between Delhi and Shillong.
Moneycontrol
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Reputation: 10,122 • Dec 22, 2020 7:11 AM
Jet Airways case: Court accepts closure report filed by Mumbai Police, rejects complainant’s protest plea
In a first, following the Mumbai police clean chit, ED filed a protest petition before a local court faulting the Mumbai police probe stating that the city police failed to probe the details of the offshore accounts provided by the complainant, Akbar Travels of India Pvt Ltd (ATIPL).
In a first, following the Mumbai police clean chit, ED filed a protest petition before a local court faulting the Mumbai police probe stating that the city police failed to probe the details of the offshore accounts provided by the complainant, Akbar Travels of India Pvt Ltd (ATIPL).
The Economic Times
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Reputation: 10,122 • Dec 21, 2020 11:06 AM
Bombay High Court rejects ED’s plea in Jet Airways case: Allows police to file closure report
Justice Revati Mohite-Dere in an oral order has rejected the petition filed by the Enforcement Directorate. The ED had approached the high court after the sessions court had rejected its request in October to intervention in the Jet Airways case.
Justice Revati Mohite-Dere in an oral order has rejected the petition filed by the Enforcement Directorate. The ED had approached the high court after the sessions court had rejected its request in October to intervention in the Jet Airways case.
The Economic Times
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Reputation: 10,122 • Dec 17, 2020 5:51 AM
Excess liquidity driving IPO frenzy: Deepak Shenoy
Money chases anything that has a pulse and sometimes, even if it does not have a pulse like in case of Jet Airways.
Money chases anything that has a pulse and sometimes, even if it does not have a pulse like in case of Jet Airways.
The Economic Times
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Reputation: 10,122 • Dec 7, 2020 10:23 AM
Reviving Jet Airways: Jalan-Kalrock Consortium In Talks With Ministry, DGCA To Reinstate Slots, Bilateral Traffic Rights
The Jalan-Kalrock Capital consortium wants to revive Jet Airways, which had stopped flying in April 2019, as a full-service carrier that it was, and wants it back in the skies by summer of 2021.
The Jalan-Kalrock Capital consortium wants to revive Jet Airways, which had stopped flying in April 2019, as a full-service carrier that it was, and wants it back in the skies by summer of 2021.
Moneycontrol
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Reputation: 10,122 • Dec 7, 2020 9:11 AM
If all goes well for Kalrock-Jalan consortium, Jet Airways could resume operations by summer next year
The resolution proceedings went on for more than a year before Jet found a new investor in the Jalan-Kalrock consortium. Jet stopped operating in April last year starved of cash and burdened by debt and dues.
The resolution proceedings went on for more than a year before Jet found a new investor in the Jalan-Kalrock consortium. Jet stopped operating in April last year starved of cash and burdened by debt and dues.
The Economic Times
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Reputation: 10,122 • Dec 2, 2020 6:53 AM
Jet Airways may resume operations in summer of 2021: Report
After the green signal from the NCLT, the resolution plan for jet Airways will require clearances from the DGCA and civil aviation ministry.
After the green signal from the NCLT, the resolution plan for jet Airways will require clearances from the DGCA and civil aviation ministry.
Moneycontrol
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Reputation: 10,122 • Nov 12, 2020 6:13 AM
Aviation stocks mixed after MoCA increased domestic flight cap to 70% of pre-COVID level
While the capacity of the airlines has been enhanced, all the rules put in place by previous orders will continue.
While the capacity of the airlines has been enhanced, all the rules put in place by previous orders will continue.
Moneycontrol
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Reputation: 10,122 • Nov 6, 2020 11:31 AM
Murari Lal Jalan and Kalrock Capital file revival plan for Jet Airways in NCLT
National Company Law Tribunal (NCLT) has to approve the plan submitted by a consortium of UAE-based investor Murari Lal Jalan and Londons asset management firm Kalrock Capital before they become the new owners of Indias oldest surviving private airline.
National Company Law Tribunal (NCLT) has to approve the plan submitted by a consortium of UAE-based investor Murari Lal Jalan and Londons asset management firm Kalrock Capital before they become the new owners of Indias oldest surviving private airline.
The Economic Times
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Reputation: 10,122 • Nov 3, 2020 7:46 AM
World’s best-performing airline stock is bankrupt Indian carrier
Stock in Mumbai-listed Jet Airways India Ltd. has surged almost 150% this year versus a 42% plunge in the 27-member Bloomberg World Airlines Index, which comprises the globes biggest carriers.
Stock in Mumbai-listed Jet Airways India Ltd. has surged almost 150% this year versus a 42% plunge in the 27-member Bloomberg World Airlines Index, which comprises the globes biggest carriers.
The Economic Times
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Reputation: 10,122 • Oct 26, 2020 9:01 AM
Jet Airways likely to submit revival plan this week
The debt-laden airline may sell current A330 and B737 aircrafts and forward payment to creditors, and is likely to propose an upfront payment of Rs 487 crore in the initial stage, the report added.
The debt-laden airline may sell current A330 and B737 aircrafts and forward payment to creditors, and is likely to propose an upfront payment of Rs 487 crore in the initial stage, the report added.
The Economic Times
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Reputation: 10,122 • Oct 20, 2020 8:03 AM
Jet Airways: Why the airline’s aggrieved lenders aren’t excited about the Kalrock deal
There isn’t much for lenders in the Kalrock-Jet Airways deal. Over 90 per cent of the money is gone. There is no clarity on what lies ahead for Jet under the consortium. Still, it is better than a no-deal, total write-off, bankers say.
There isn’t much for lenders in the Kalrock-Jet Airways deal. Over 90 per cent of the money is gone. There is no clarity on what lies ahead for Jet under the consortium. Still, it is better than a no-deal, total write-off, bankers say.
Moneycontrol
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Reputation: 10,122 • Oct 19, 2020 11:26 AM
Jet 2.0: What remains to be done for the airline to fly again
The plan is to bring back the airline back to its glory and Jet 2.0 is what some of them are calling this, says Ashish Chhawchharia.
The plan is to bring back the airline back to its glory and Jet 2.0 is what some of them are calling this, says Ashish Chhawchharia.
The Economic Times
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Reputation: 10,122 • Oct 19, 2020 6:21 AM
Jet Airways hits upper circuit after CoC approves resolution plan
“The resolution submitted by Murali Lal Jalan and Florian Fritsch has been duly approved by the CoC under Section 30(4) of the Code as the successful resolution plan,” said the filing.
“The resolution submitted by Murali Lal Jalan and Florian Fritsch has been duly approved by the CoC under Section 30(4) of the Code as the successful resolution plan,” said the filing.
The Economic Times
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Reputation: 10,122 • Oct 19, 2020 4:51 AM
Plan cleared, but Jet Airways’ revival still a long way off: Experts
The path to Jets revival remains long and arduous and will require a fresh business plan with low costs, capital infusion and efficient management. Jet needs airport slots and flying rights to make any headway in its new life.
The path to Jets revival remains long and arduous and will require a fresh business plan with low costs, capital infusion and efficient management. Jet needs airport slots and flying rights to make any headway in its new life.
The Economic Times
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A
Reputation: 19,243 • Oct 19, 2020 4:49 AM
Grounded Jet Airways' Resolution Plan Approved By Creditors .. Expects positive for major lenders – SBI, PNB, IDBI Bank
· Creditors to Jet Airways have approved a resolution plan which will give the country’s oldest private carrier a new lease of life. The plan submitted by a ...
Read more...
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Reputation: 10,122 • Oct 18, 2020 1:06 AM
Path to restart Jet Airways operations very tough, uncertain, says expert
After failing to get funds even for daily operations, the then cash-strapped airline announced temporary suspension of services on April 17 last year and the last flight S2-3502 that took off from Amritsar at around 1030 pm touched down at Mumbai's Chhatrapati Shivaji International Airport at 12.22 am on April 18.
After failing to get funds even for daily operations, the then cash-strapped airline announced temporary suspension of services on April 17 last year and the last flight S2-3502 that took off from Amritsar at around 1030 pm touched down at Mumbai's Chhatrapati Shivaji International Airport at 12.22 am on April 18.
The Economic Times
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Reputation: 10,122 • Oct 17, 2020 12:33 PM
A cat has nine lives. How many does Jet Airways?
Jet Airways' insolvency process had innumerable twists and delays that prompted many to write it off. However, it has finally managed to find a new owner. Will the turbulence end?
Jet Airways' insolvency process had innumerable twists and delays that prompted many to write it off. However, it has finally managed to find a new owner. Will the turbulence end?
Moneycontrol
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S
Reputation: 76,221 • Oct 17, 2020 9:42 AM
Jet's lenders approve Kalrock Capital-Murari Jalan's plan to revive airline
Resolution professional Ashish Chhawchharia said that the proposal was selected after voting concluded Oct. 17.The other consortium comprised Haryana-based Flight Simulation Technique Centre, Mumbai-based Big Charter and Abu Dhabi’s Imperial Capital Investments LLC
Resolution professional Ashish Chhawchharia said that the proposal was selected after voting concluded Oct. 17.The other consortium comprised Haryana-based Flight Simulation Technique Centre, Mumbai-based Big Charter and Abu Dhabi’s Imperial Capital Investments LLC
mint
Jet's lenders approve Kalrock Capital-Murari Jalan's plan to revive airline https://www.livemint.com/companies/news/jet-lenders-appro...
Download mint app for latest in Business News - https://bit.ly/32XEfFE
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Reputation: 10,122 • Oct 17, 2020 8:06 AM
Jet Airways' consortium approves Kalrock, Murari Jalan backed resolution plan for airline
The consortium aims to infuse as much as Rs 1,000 crore into the airline, sell some old aircraft and buy new ones and offer equity to its lenders.
The consortium aims to infuse as much as Rs 1,000 crore into the airline, sell some old aircraft and buy new ones and offer equity to its lenders.
The Economic Times
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Reputation: 10,122 • Oct 15, 2020 1:26 AM
Court junks ED plea seeking to intervene in case against Jet Airways
A sessions court rejected a revision plea of the Enforcement Directorate (ED) against a magistrate's order denying it permission to intervene in a cheating case against Jet Airways.
A sessions court rejected a revision plea of the Enforcement Directorate (ED) against a magistrate's order denying it permission to intervene in a cheating case against Jet Airways.
The Economic Times
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Reputation: 10,122 • Oct 8, 2020 5:56 AM
Stock market news: Jet Airways shares leap 5%
A total of 21,967 shares changed hands on the counter till 12:18PM (IST).
A total of 21,967 shares changed hands on the counter till 12:18PM (IST).
The Economic Times
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Reputation: 10,122 • Oct 8, 2020 5:26 AM
Jet Airways shares hit upper circuit. Here's why
Jet Airways stopped operations in April last year due to a cash crunch and piling debt.
Jet Airways stopped operations in April last year due to a cash crunch and piling debt.
The Economic Times
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Reputation: 10,122 • Oct 8, 2020 3:28 AM
Jet Airways share price rises 5% on reports of Kalrock-Jalan consortium winning bid
State Bank of India is the lead lender. The carrier owes banks Rs 8,000 crore and faces total claims of Rs 40,000 crore.
State Bank of India is the lead lender. The carrier owes banks Rs 8,000 crore and faces total claims of Rs 40,000 crore.
Moneycontrol
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Reputation: 10,122 • Oct 8, 2020 2:38 AM
Jet Airways insolvency: Kalrock Capital contests reports of winning bid, says lenders still deliberating
The Jalan-Kalrock Consortium has not made any comment on the ongoing resolution process of Jet Airways, says Manoj Madnani of Kalrock Capital
The Jalan-Kalrock Consortium has not made any comment on the ongoing resolution process of Jet Airways, says Manoj Madnani of Kalrock Capital
Moneycontrol
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Reputation: 10,122 • Oct 7, 2020 5:26 AM
London-based Kalrock Capital says it has won the bid for Jet Airways
Another consortium comprising Haryana-based Flight Simulation Technique Centre, Mumbai's Big Charter and Abu Dhabis Imperial Capital Investments to win Jet. Kalrock's website described it as a London-based asset management company with interests in real estate, venture capital and “special situations”.
Another consortium comprising Haryana-based Flight Simulation Technique Centre, Mumbai's Big Charter and Abu Dhabis Imperial Capital Investments to win Jet. Kalrock's website described it as a London-based asset management company with interests in real estate, venture capital and “special situations”.
The Economic Times
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Reputation: 10,122 • Oct 1, 2020 10:48 AM
Jet Airways insolvency: Risk assessment report throws up 'legal issue' with FSTC-Imperial bid
The legal issue pertains to the provision of Insolvency and Bankrupcty Code. But it's too early to say if the development will impede the insolvency process.
The legal issue pertains to the provision of Insolvency and Bankrupcty Code. But it's too early to say if the development will impede the insolvency process.
Moneycontrol
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N
Reputation: 10,122 • Sep 30, 2020 8:08 AM
Jet Airways insolvency: All eyes on banks as they begin voting on the two bids
All eyes are on the banks if they will take a decision on the winning bid by October 7, the last working day of Rajnish Kumar, Chairman of SBI, the lead lender to Jet Airways
All eyes are on the banks if they will take a decision on the winning bid by October 7, the last working day of Rajnish Kumar, Chairman of SBI, the lead lender to Jet Airways
Moneycontrol
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N
Reputation: 10,122 • Sep 28, 2020 4:13 AM
Jet Airways insolvency: A last minute twist forces lenders to give suitors more time
The development comes after the consortium led by Flight Simulation Technique Centre upped its offer. The new deadline is unclear
The development comes after the consortium led by Flight Simulation Technique Centre upped its offer. The new deadline is unclear
Moneycontrol
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Reputation: 10,122 • Sep 28, 2020 3:53 AM
Jet Airways share price locked in upper circuit ahead of lenders' meeting
There were pending buy orders of 500 shares, with no sellers available.
There were pending buy orders of 500 shares, with no sellers available.
Moneycontrol
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Reputation: 10,122 • Sep 28, 2020 1:23 AM
Jet Airways lenders to meet today. May vote on two final bids
While both the suitors have made final tweaks to their proposals and little may separate them, the Kalrock Capital-led consortium is said to have its nose ahead in the race to own Jet Airways
While both the suitors have made final tweaks to their proposals and little may separate them, the Kalrock Capital-led consortium is said to have its nose ahead in the race to own Jet Airways
Moneycontrol
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N
Reputation: 10,122 • Sep 21, 2020 5:51 AM
Mumbai court refuses ED’s intervention in Jet Airways police case
The two law enforcement agencies are at loggerheads after the city police in June this year closed a cheating case against Jet Airways, promoter Naresh Goyal and his wife Anita.
The two law enforcement agencies are at loggerheads after the city police in June this year closed a cheating case against Jet Airways, promoter Naresh Goyal and his wife Anita.
The Economic Times
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Reputation: 10,122 • Sep 11, 2020 12:41 PM
ED eyes money laundering case against Naresh Goyal and his wife
ED claimed in court that the police failed to investigate details of certain offshore accounts provided by the complainant, Akbar Travels of India, in the cheating case. There is evidence of money laundering and it is not a case of business loss as concluded by the police, it argued.
ED claimed in court that the police failed to investigate details of certain offshore accounts provided by the complainant, Akbar Travels of India, in the cheating case. There is evidence of money laundering and it is not a case of business loss as concluded by the police, it argued.
The Economic Times
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Reputation: 10,122 • Sep 3, 2020 6:03 AM
Govt allows airline to operate at 60% capacity; SpiceJet, InterGlobe shares soar 5%
Up till now, airlines were operating at 45 percent of their pre-COVID level capacity.
Up till now, airlines were operating at 45 percent of their pre-COVID level capacity.
Moneycontrol
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Reputation: 40,587 • Aug 25, 2020 2:29 AM
Stocks in the news
Axis Bank: The lender proposed to acquire 17 percent share of Max Life, resulting in total ownership of 18 percent post the transaction.
Jet Airways announced the 14th meeting of Committee of Creditors (CoC) is scheduled to be held on August 25.
Wipro announced...
Read more...
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Reputation: 10,122 • Aug 24, 2020 2:33 AM
Trade Setup for Tuesday: Top 14 things to know before Opening Bell
Key support level for the Nifty is placed at 11,419.07, followed by 11,371.63. If the index moves up, the key resistance levels to watch out for are 11,505.57 and 11,544.63.
Key support level for the Nifty is placed at 11,419.07, followed by 11,371.63. If the index moves up, the key resistance levels to watch out for are 11,505.57 and 11,544.63.
Moneycontrol
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Reputation: 10,122 • Aug 20, 2020 10:48 AM
Deadline for Jet Airways insolvency process extended again, even as banks evaluate bids
The insolvency process was to be completed by August 21.
The insolvency process was to be completed by August 21.
Moneycontrol
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R
Reputation: 570 • Aug 4, 2020 5:02 AM
Jet Airways is Ready to Take-off again !! Jet Airways coming back ? Jet Airways share News
Jet Airways share news : Jet Airways Pays $13 Million to Take Ownership of Six Boeing Aircraft and Engines . Jet Airways is Ready to Take-off again !! Jet Ai...
Jet Airways share news : Jet Airways Pays $13 Million to Take Ownership of Six Boeing Aircraft and Engines . Jet Airways is Ready to Take-off again !! Jet Ai...
YouTube
Jet Airways is Ready to Take-off again !! Jet Airways coming back ? Jet Airways share News
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Reputation: 10,122 • Aug 4, 2020 5:31 AM
Budget carrier SpiceJet to commence flight services to UK from next month
"SpiceJet has secured slots at London Heathrow Airport to operate flights effective September 1. This is presently under the bubble arrangement between India and UK and effective up to end of summer schedule, which is October 23," the airline said in the filing.
"SpiceJet has secured slots at London Heathrow Airport to operate flights effective September 1. This is presently under the bubble arrangement between India and UK and effective up to end of summer schedule, which is October 23," the airline said in the filing.
The Economic Times
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P
Reputation: 26,193 • Jul 31, 2020 8:14 AM
Jet Airways (India) is currently trading at its upper limit of Rs. 29.25, up by 1.35 points or 4.84% from its previous closing of Rs. 27.90 on the BSE.
The scrip opened at Rs. 26.55 and has touched a high and low of Rs. 29.25 and Rs. 26.55 respectively. So far 35820 shares were ...
Read more...
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Reputation: 10,122 • Jul 31, 2020 5:28 AM
Jet Airways acquiring six Boeing aircraft, share price up 4%
Jet Airways acquired the six aircraft and their engines against a lump sum of $13,000,000, which it raised from the sale of its office building in the Bandra-Kurla Complex business area of Mumbai.
Jet Airways acquired the six aircraft and their engines against a lump sum of $13,000,000, which it raised from the sale of its office building in the Bandra-Kurla Complex business area of Mumbai.
Moneycontrol
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Reputation: 10,122 • Jul 29, 2020 5:41 AM
Jet Airways declines 5% after FY20 earnings
Shares of Jet Airways on Wednesday plunged nearly 5 per cent to its lowest trading permissible limit for the day after the company reported widening of loss in the year ended March 2019.
Shares of Jet Airways on Wednesday plunged nearly 5 per cent to its lowest trading permissible limit for the day after the company reported widening of loss in the year ended March 2019.
The Economic Times
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Reputation: 10,122 • Jul 29, 2020 5:01 AM
Jet Airways loss widens to Rs 5,536 cr in 2018-19
Jet Airways reports widening of loss to Rs 5,535.75 crore in the year ended March 2019 as surge in expenses took a toll.
Jet Airways reports widening of loss to Rs 5,535.75 crore in the year ended March 2019 as surge in expenses took a toll.
The Economic Times
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Reputation: 10,122 • Jul 29, 2020 3:18 AM
Jet Airways share price locked in lower circuit on disappointing FY19 results
There were pending sell orders of 90,255 shares, with no buyers available.
There were pending sell orders of 90,255 shares, with no buyers available.
Moneycontrol
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Reputation: 10,122 • Jul 29, 2020 1:03 AM
Jet Airways net loss balloons to Rs 5,538 crore in FY19
The airline, which is undergoing insolvency process, had delayed reporting its FY19 results by more than a year
The airline, which is undergoing insolvency process, had delayed reporting its FY19 results by more than a year
Moneycontrol
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JETAIRWAYS Share Price - Technicals
- NewsBotDec 22, 2020 10:58 AMSanjay Mandavia May Not Have Got Jet Airways, But His Flybig Is Set To Take Off This MonthMoneycontrolNewsBotDec 22, 2020 7:11 AMJet Airways case: Court accepts closure report filed by Mumbai Police, rejects complainant’s protest pleaThe Economic TimesNewsBotDec 21, 2020 11:06 AMBombay High Court rejects ED’s plea in Jet Airways case: Allows police to file closure reportThe Economic TimesNewsBotDec 17, 2020 5:51 AMExcess liquidity driving IPO frenzy: Deepak ShenoyThe Economic TimesNewsBotDec 7, 2020 10:23 AMReviving Jet Airways: Jalan-Kalrock Consortium In Talks With Ministry, DGCA To Reinstate Slots, Bilateral Traffic RightsMoneycontrolNewsBotDec 7, 2020 9:11 AMIf all goes well for Kalrock-Jalan consortium, Jet Airways could resume operations by summer next yearThe Economic TimesNewsBotDec 2, 2020 6:53 AMJet Airways may resume operations in summer of 2021: ReportMoneycontrolNewsBotNov 6, 2020 11:31 AMMurari Lal Jalan and Kalrock Capital file revival plan for Jet Airways in NCLTThe Economic TimesNewsBotNov 3, 2020 7:46 AMWorld’s best-performing airline stock is bankrupt Indian carrierThe Economic TimesNewsBotOct 26, 2020 9:01 AMJet Airways likely to submit revival plan this weekThe Economic Times
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