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Expedite decision on fresh EOIs: NCLT to Jet Airways lenders
Mumbai, Dec 19 () The NCLT on Thursday directed the Committee of Creditors (CoC) of Jet Airways to …
PTI
One of the richest Indian families has its eye on Jet Airways
It seems that Jet’s creditors are counting on a last-minute bid to prevent the airline from going…
Some employees in India are stepping up with investments to save the company and their jobs
The tables have turned as employees of troubled companies are saving them instead of quickly jumpin…
A former Jet Airways insider says Naresh Goyal cannot run the airline
India’s oldest private airline, Jet Airways, is on the brink of a collapse, and there is a bitter…
NCLT approves extension of Jet Airways insolvency resolution period by 90 days
Mumbai, Dec 20 () The National Company Law Tribunal (NCLT) on Friday approved extension of Jet Airw…
PTI
One of India’s oldest airlines is now its smallest by fleet size
“As mentioned earlier, the Company is actively engaged with all its aircraft lessors and regul…
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
Lenders’ plan to keep Jet Airways' afloat may put Etihad in the cockpit
On one hand, it involves a $450 million capital infusion by cash-poor Jet Airways and its part…
A European startup airline said it bought an Airbus A380 to fly across the Atlantic starting next year despite other carriers ditching the jet due to high costs
Global Airlines was founded in July 2021 by James Asquith, a travel guru who is also the youngest p…
Taylor Rains
India’s flagship airline may be shutting down if divestment bid fails
@capa_india tweeted, On March 28, the Indian government had issued a Preliminary Information …
Jet Airways is on the brink of collapse. Here are 5 airlines that have gone bust since October.
Founded in 1993, Jet Airways grew to become India's most prominent international airline with a fle…
Benjamin Zhang
Goldman Sachs says jet fuel demand will accelerate in 2021, driven by availability of a COVID-19 vaccine by the second-quarter
"We do not believe that jet fuel demand has peaked and see jet as an area of long-term demand growt…
Shalini Nagarajan
Not Airlines, but a very different set of people are making the most of low fuel prices, surge in passenger traffic in the aviation sector
While the fuel prices have dropped by nearly 40% since 2014, as per estimated by the International …
The Chinese stock crash is hurting India in more than one way
Indian shares closed nearly 2 percent lower, falling below a crucial support level, as a panic-indu…
Private jet industry CEOs say business will boom as the wealthy abandon airlines and reveal what they're doing now to take advantage
Private jet travel offers a more controlled and safe environment that operators are seeking to expa…
Thomas Pallini
Jet’s partner Etihad submits a conditional bid for the cash-strapped airline — and wants to remain a minority owner
Jet’s creditors have taken a majority stake in the airline and are selling their equity holding…
Airline shares tumble as global travel restrictions hit investor sentiment
InterGlobe Aviation, the parent of the country's largest airline IndiGo tumbled 10 per cent to Rs …
PTI
Bid for Yes Bank: The $15 billion Hinduja Group and a New York-based investor reportedly join hands
The stock of Yes Bank has already lost over 80% of its value in the last one year. Ce…
Qatar Airways' investment in American Airlines exposes an astounding level of hypocrisy in the airline business
Passengers flying on Qatar Airways transfer onto American Airlines planes once they arrive in the U…
Benjamin Zhang
Climate change group recommends banning all frequent flyer reward programs to cut carbon emissions by targeting jet-setters
Environmental activists have also resort to extreme protest measures in recent days, with a demonst…