Jet Airways
Jet Airways: NCLAT allows more time for Jalan Kalrock Consortium to make payments; rejects lenders' plea
Sat, May 27, 2023
In a relief for the consortium, NCLAT extended the timeline for payment obligation by excluding the time between November 16, 2022, and March 3, 2023 -- the time period when it was hearing the petition filed by lenders.
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Aviation stocks end as a mixed bag on these 2 factors – here’s what investors should know
Mon, Mar 20, 2023
The newly launched Akasa Air marked an 83.7 per cent occupancy in February, while SpiceJet recorded the highest occupancy of 94.1 per cent, followed by GoFirst (93.1 per cent), Air India (89 per cent), and IndiGo (86.5 per cent).
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Aviation stocks in focus on Wednesday as jet fuel price cut by 4%; here’s what analysts suggest
Wed, Mar 01, 2023
Aviation stocks such as IndiGo, SpiceJet and Jet Airways were in focus on Wednesday on the back of jet fuel or Air Turbine Fuel (ATF) price cut by 4 per cent amid softening international crude oil prices.
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Only sellers in Jet Airways for 3rd straight session: Here is why
Wed, Nov 23, 2022
Jet Airways, Jet Airways share price, Jalan-Kalrock Consortium, Jet Airways share lower circuit: The once-storied airline shuttered operations in April 2019 and JKC's resolution plan was approved under the insolvency process by the National Company Law Tribunal (NCLT) in June last year.
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Jet Airways: Jalan Kalrock consortium says may take difficult decisions to manage cashflows
Fri, Nov 18, 2022
Ankit Jalan, Board Member of the JKC, said the revived Jet Airways will also provide additional career opportunities, including the airline's former staff who currently make up more than 60 per cent of the current workforce, and for many more as the revived airline grows.
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NCLAT directs Jet Airways' new owner to clear unpaid provident fund, gratuity dues
Sat, Oct 22, 2022
Allowing a batch of petitions filed by the associations of workmen, Aircraft Maintenance Engineers, Officers and Staff Association and others, a two-member NCLAT bench had asked the new owner to make payment of provident fund dues as admitted by the resolution professional.
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SpiceJet, IndiGo, Jet Airways stocks gain up to 9% as government raises loan limit
Thu, Oct 06, 2022
Finance Ministry on Wednesday modified the Emergency Credit Line Guarantee Scheme (ECLGS) by raising the loan limit under the scheme to Rs 1,500 crore from Rs 400 crore to help the COVID-hit industry tide over liquidity stress.
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Jet Airways in advanced talks for leasing planes; expects to start operations in coming weeks
Tue, Sep 27, 2022
Jet Airways is in an advanced stage of talks with aircraft makers and lessors to lease planes and expects to restart operations in the coming weeks, according to executives at the airline.
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Jet Airways gets wings back, to start commercial operations from September
Tue, Jul 26, 2022
Paving the way for the private carrier's revival, the Directorate General of Civil Aviation (DGCA) granted the revalidated Air Operator Certificate to the new owners, Jalan Kalrock Consortium (JKC), on May 20.
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Aviation companies’ shares surge up to 6% intraday amid price reduction in Jet fuel – details here
Mon, Jul 18, 2022
ATF prices on Saturday were reduced by 2.2 per cent or Rs 3,084.94 per kilolitre to Rs 138,147.93 per kl, a price notification of state-run fuel retailers showed amid a fall in global oil prices.
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