Jet Airways

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Finance

03 September, 2021

Stressed assets wrap: Resolutions nosedive; withdrawals and admitted cases soar in Aug

Three large deals stole the news, with one Jayaswal Neco Industries witnessing closure while two big resolution plans – Jet ......

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Finance

02 July, 2021

Stressed Assets Wrap: Big case resolutions gather steam

The last two months witnessed the resolution of some marquee stressed assets as well as many small ticket recoveries being ......

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Infrastructure

01 July, 2021

Jet Airways lenders to take 9.5% stake, massive haircut

The final winning bidder consortium of Dubai-based businessman Murari Lal Jalan and German investor Florian Fritsch will acquire embattled Jet ......

Infrastructure

22 June, 2021

Bankruptcy tribunal okays Jet's revival plan proposed by Kalrock Capital and Jalan

In a step ahead for the revival of embattled Jet Airways, the bankruptcy tribunal has approved the resolution plan of ......

Infrastructure

17 October, 2020

Jet Airways lenders approve bid by Kalrock Capital consortium

Lenders to Jet Airways (India) Ltd approved on Saturday a resolution plan to revive the airline that was grounded one-and-a-half ......

Consumer

08 October, 2020

Jet Airways' fate still uncertain as confusion prevails over winning bid

Confusion reigned over the bidding for bankrupt Jet Airways as a consortium dismissed a report quoting an executive as saying ......

Infrastructure

22 July, 2020

Two consortiums propose to restart Jet Airways, although somewhat differently

Jet Airways has attracted bids, finally, after spending more than a year in the insolvency resolution process. Two of the four ......

Infrastructure

10 July, 2020

Jet Airways lenders extend bid deadline once again

Lenders to Jet Airways (India) Ltd have yet again extended the deadline to bid for the bankrupt carrier. The airline’s Committee ......

Infrastructure

29 June, 2020

Brookfield buys Jet Airways' office space in Mumbai's BKC

Canadian investment firm Brookfield Asset Management Inc has bought office space across two floors from grounded airline Jet Airways (India) ......

Infrastructure

26 June, 2020

Jet Airways shortlists four potential suitors for sale

The resolution professional of bankrupt Jet Airways Ltd has shortlisted four potential bidders who may submit a bid proposal to ......