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Indian aviation sector now down to just a single full-service carrier, ahead of Vistara's merger with Air India

India's aviation sector is about to undergo a major change. Vistara is merging with Air India. This…

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4 mins read

Naresh Goyal's 'incessant siphoning of funds' among reasons behind Jet Airways' downfall: ED

et Airways founder Naresh Goyal's "resistance" in diluting his stakes and "incessant siphoning off …

PTI   


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Jet Airways case: NCLAT to pass order on Jalan Kalrock Consortium's plea against SBI on May 30

The National Company Law Appellate Tribunal (NCLAT) said it will give a verdict on May 30 regarding…

PTI   


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Jet Airways stock soars 47% as it’s all set to fly, but fuel costs, new players indicate turbulence ahead

Three years after it was grounded, Jet Airways is all set to fly again in July-September with a new…

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1 min read

Jet Airways stock flies on news that the airline is in talks to buy 100 aircraft ahead of its comeback

Shares of Jet Airways (India) are in the spotlight as the stock is locked in a 5% upper circuit at …

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It’s official-- Jet Airways is bankrupt, declares a Indian court on the same day the share price jumped 93%

The bankruptcy proceedings of Jet Airways have started as National Company Law Tribunal (NCLT) admi…

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Jet Airways staff in Mumbai says they’re willing to work for less salary

According to an ANI report, the group said, "We're ready to work for less salary, but we want Je…

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Jet needs emergency funding of ₹4 billion to stay airborne until a buyer swoops in

Jet’s board of directors met on Tuesday to decide whether Jet should still continue operations …

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Jet Airways inches a step closer towards its revival plan as it files for NCLT approval — owners aim to revive operations with six aircrafts

With this move, the consortium inches a step closer towards resurrecting the debt-strapped airli…

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3 mins read

Top stock movers — DHFL, Jet Airways, Avenue Supermarts, HDFC Bank, DLF, Tata Communications and others

Indian stock market indices opened higher on Monday, as hopes of a US fiscal package and expectatio…

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1 min read

Jet Airways stock is suddenly up by 5%, even though the company has been shut for six months now

Once one of India’s leading airlines Jet Airways has been dysfunctional for over six months now. …

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2 mins read

Jet Airways is headed to bankruptcy court as bankers fail to find a buyer

Jet Airways’ lenders have given up hope of saving it from bankruptcy, as they have moved th…

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Jet Airways' employees will bid for 75% stake in the airline along with London-based AdiGroup

Jet Airways’ employees are saving their jobs along with their company, as have joined hands with …

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Jet Airways shares slump over 17% as investors get anxious before the last word from bankers

The airline stalled operations on April 17 after the State Bank of India (SBI) refused to ex…

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The ₹10 trillion Tata Group may want some of Jet Airways’ parts after the airline’s employees decided to bid

Sanjay Vishwanathan-led AdiGroup and a Jet’s employee consortium might bid for the airline. …

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Jet Airways raised fraud bills, faked invoices and siphoned off funds, says report

The audit reveals that it did not verify invoices, which led to inflation of bills and fuel expe…

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3 mins read

The Tata Group has two airlines and two more to choose from—Air India and Jet Airways

It is not every day that an acquirer gets to choose between two country’s largest airline companies…

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Air India, Vistara scrap agreement to accommodate flyers with cancelled Jet Airways tickets

This comes at the time when the airline has cancelled several flights in the past month. As many…

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Naresh Goyal resigns from Jet Airways following emergency board meeting

The move comes following an ‘emergency board meeting’ on Monday. Its main lender State Bank of I…