Jet Airways News
Mint Explainer: The Cape Town connection to the Jet Airways, Go First insolvencies
Apart from deficiencies in India’s bankruptcy laws in dealing with airline insolvencies, the country’s partial alignment with a two-decade-old international treaty is also to blame.
7 min read12 Nov 2024Jet Airways liquidation: Why India needs a new regime to save airlines
The failed insolvency resolution of one of India’s oldest airlines shows the current rules under the Insolvency and Bankruptcy Code are far from ideal when dealing with airlines.
5 min read12 Nov 2024Jet Airways founder Naresh Goyal gets medical bail in money laundering case
Mumbai High Court granted Indian airline company Jet Airways founder Naresh Goyal bail on medical grounds, reported the news agency PTI on Monday.
1 min read11 Nov 2024Jet Airways liquidation: A wake-up call for India’s insolvency code
The Supreme Court ordered Jet Airways into liquidation after finding that the winning bidder for the airline, the Jalan-Kalrock consortium, failed to implement its bankruptcy resolution plan—concluding a tumultuous journey for what was once India’s leading airline.
8 min read7 Nov 2024Jet Airways' winning bidder JKC tells Supreme Court lenders want to sell airline's assets as scrap to maximise profits
JKC claimed lenders led by State Bank of India are intentionally pushing the company towards liquidation to maximise profits by selling the airline's assets as scrap.
4 min read1 Oct 2024Mint Explainer: SC continues to hear Jet Airways ownership dispute – What’s at stake
The Supreme Court’s decision could determine whether Jet Airways gets revived or heads for liquidation.
3 min read1 Oct 2024Jet Airways lenders tell Supreme Court winning consortium hasn’t met any of the takeover terms
The lenders told the Supreme Court that the Jalan-Kalrock Consortium hadn’t paid a ₹350 crore deposit that’s critical for transferring the ownership of the bankrupt airline
3 min read26 Sep 2024Air India finds a solution to its in-flight entertainment woes, takes a leaf out of Vistara's strategy
From delays to inflight issues, passenger complaints about the quality of the cabin and broken in-flight entertainment (IFE), among other issues, have been mounting. But the IFE part is set to change soon.
3 min read19 Aug 2024Jet Airways founder Naresh Goyal gets interim medical bail amid money laundering probe
Money laundering case: HC grants interim medical bail to Jet Airways founder Naresh Goyal
1 min read6 May 2024Supreme Court rejects JKC's plea challenging sale of Jet Airways aircraft to Ace Aviation
The court upheld the NCLAT’s decision that allowed the sale, saying it would benefit JKC by providing additional funds to clear lenders' dues and revive the airline.
1 min read7 Mar 2024Popular Topics
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