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NCLT Grants Jet Airways Insolvency More Time as Bidders Lag Behind Amid Concerns
20 Mar 2020
In Jet Airways’ case, delay in resolution has been prompted by few aircrafts in possession and an uncertainty over the slots previously possessed by the company.
Praneta Jha
Jet Airways’ Wind-up Is Windfall for All — Except Air India
29 Jul 2019
Jet’s closure created an unprecedented opening for other airlines, but with no standard procedure for interim allocations, the allotments and the gains have been arbitrary.
Newsclick Report
Jet Airways Employees’ Consortium Joins Hands With AdiGroup to Bid for 75% of Airlines
28 Jun 2019
NCLT has suggested a timeline of 90 days for the resolution of the case.
Newsclick Report
Jet Airways: SBI-led Lenders to Move NCLT, Cite Lack of Concrete Rescue Plan
17 Jun 2019
Several government agencies, including IT department and Enforcement Directorate, probing possible financial irregularities by Jet Airways.
IANS
EPFO Issues Show-Cause Notice to Jet Airways for not Remitting Employee Dues
10 May 2019
The EPFO regional office in Mumbai said it would initiate an enquiry to assess the total dues and also file a case with the police for non-payment of employees' PF share.
D. Raghunandan
Another Airline Takes a Dive in India
08 May 2019
Air travel in India is desperately in need of reform, and realism. But who is going to bell the cat, who is going to bust the myth of a high flying India?
IANS
Union Threatens Industrial Action Over Jet Airways Issue
07 May 2019
The grounded airline's employees, lessors and vendors are facing daunting financial challenges due to non-payment of salaries and dues.
Newsclick Report
Exposures Towards Jet Airways and IL&FS Behind Yes Bank Crisis
01 May 2019
In November last year, the RBI initiated probe into Yes Bank’s exposure towards IL&FS, Dewan Housing Finance Corp. Ltd (DHFL), Indiabulls Group, and Sudhir Valia-promoted entities Fortune…
IANS
Investors Demand Write-Offs as Jet Owes Over Rs 11,000 Crore in Debt
22 Apr 2019
Nine India-based banks led by SBI and two international lenders are expected to suffer major write-offs, say industry insiders.
PTI
Jet Airways Employees Seek President's Intervention for Salary Dues, Emergency Funds to Airline
20 Apr 2019
Amid uncertainty over the future course of the carrier, two employees' unions have now written to the President and the prime minister.