Civil aviation regulator, the Directorate General of Civil Aviation (DGCA) on Friday granted the air operator certificate (AOC) to Jet Airways, bringing the grounded airline yet another step closer towards relaunching of its services. New Delhi, May 20 (IANS) Civil aviation
The Ministry of Home Affairs has granted security clearance to Jet airways to resume its commercial services in the country in coming months. New Delhi, May 9 (IANS) The Ministry of Home Affairs has granted security clearance to Jet airways to
New Delhi, Feb 23 (IANS) The Jalan-Kalrock Consortium, the successful resolution applicant and proposed promoters of grounded Jet Airways, on Tuesday announced the appointment of Vipula Gunatilleka as its Chief Financial Officer. Gunatilleka, who was the CEO of SriLankan Airlines until
New Delhi, Sep 13 Jet Airways is all set to resume domestic operations from Q1 of 2022, said Jalan Kalrock Consortium, the successful resolution applicant of the airline. Accordingly, the existing Air Operator Certificate (AOC) is under process for revalidation.
New Delhi, June 23 The now-grounded Jet Airways is likely to take the skies again within six months from now. On Tuesday, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the resolution plan of the Kalrock-Jalan Consortium
New Delhi, Oct 21 The much-awaited Jet Airways’ resolution is finally heading towards a success, with the resolution plan of Kalrock Capital and Murari Lal Jalan having been approved by the Committee of Creditors (CoC). Now, after the resolution process
Mumbai, June 20 The National Company Law Tribunal (NCLT) on Thursday admitted the State Bank of India’s insolvency plea against the now-grounded Jet Airways. The Mumbai bench of the tribunal has directed the Insolvency Resolution Professional (IRP) to make efforts
Mumbai, June 19 Jet Airways saw one of the worst days of its trading history on Tuesday as investors distanced themselves from the grounded airline after its lenders decided to initiate bankruptcy proceedings to recover dues. Jet scrip hit their
New Delhi, June 15 Amid dwindling hopes of Jet Airways’ revival, Aviation Minister Hardeep Singh Puri on Friday exuded confidence that a solution would be found for the defunct carrier. “(We are) very confident that we can solve the problems
New Delhi, May 8 The Registrar of Companies (Mumbai) has submitted the inspection report of the beleaguered Jet Airways’ books to the Corporate Affairs Ministry which will shortly start examining the details. “Action will be based on the inspection report
New Delhi, May 6 State-run Air India has decided not to pursue its plan to take B777s from grounded Jet Airways as it has found it commercially unviable given their huge maintenance requirement. “The engineering unit has done the work
New Delhi, April 30 Sensing the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of employees and external investors to bid for
New Delhi, April 23 (IANS) Amid concerns raised by investors bidding for a stake in the grounded Jet Airways, the Civil Aviation Ministry (MoCA) on Tuesday said that historic rights of slots of the financially crippled airline across various airports would
Chennai, April 22 The banks can lend some money to Jet Airways specifically for the purpose of paying employee salaries, a major bank employees’ union official said on Monday. This amount can be lent by the consortium of lenders to
Mumbai, April 22 Prospective investors in the temporarily grounded Jet Airways have asked lenders to take a massive haircut or write-off around 80 per cent outstanding debt of the airline which is more than Rs 11,000 crore, document and sources
Chennai, April 20 Government-owned Air India can take over Jet Airways and get back the lucrative international/domestic routes if there are no white knight for the private airline, said a top All India Bank Employees’ Association (AIBEA) leader. “The government-owned
Mumbai, April 17 Around 20,000 employees and passengers were hit hard as Jet Airways announced temporary suspension of all flight services from Wednesday night as it failed to secure interim funding for maintaining even bare minimum operations. At present, the
Mumbai, April 17 Jet Airways, which is on the verge of collapse, on Tuesday reportedly requested lenders for Rs 400 crore interim funding of to stave off temporary closure, even as its operational fleet shrunk to five aircraft. According to
New Delhi, April 16 Civil Aviation Minister Suresh Prabhu on Tuesday directed his Ministry officials to review issues related to high airfares, passenger rights and safety as the finically challenged Jet Airways struggles to stay afloat. “Directed Secretary @MoCA_GoI to
Mumbai, April 15 The pilots’ union of Jet Airways has deferred its decision of “no pay no work” from Monday, citing the meeting of the SBI-led lenders’ consortium with the airline’s management on the same day. According to a member of
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