‘Jet Airways

The former shareholder, Hasmukh Gardi, who initially owned substantial amount of shares in the airlines, now lives in Dubai while his pre...Read More

The airline owes nearly Rs 300 billion ($4.20 billion) to its financial and operational creditors.

Company hopes that some financial aid would be initiated by the Indian government

Gulf carrier Etihad, which holds 24 per cent stake in Jet Airways, on Monday said it has decided not to reinvest in the airline due to un...Read More

State Bank of India, the lead lender to the bankrupt Jet Airways, Wednesday moved an intervention application against mortgage lender HDF...Read More

On July 4, the mortgage lender HDFC had moved the NCLT seeking to keep the airline's BKC property out of the bankruptcy process.

The airline's meager assets include 14 aircraft including 10 Boeing planes--down from 124 before the grounding--and 49 percent stake in J...Read More

Dutch insolvency court administrator has agreed before the NCLAT not to sell the confiscated assets of debt-ridden Jet Airways

There is a Look Out Circular (LOC) issued against Goyal after an inspection by the Corporate Affairs Ministry found large-scale irregular...Read More

The property in question is located at Bandra Kurla Complex in Mumbai and is spread across 52,700 sq ft

The airline owes Rs 8,500 crore to banks and around Rs 25,000 crore in arrears to vendors, lessors and employees.

The airline owes over Rs 8,500 crore to a consortium of 26 banks led by State Bank, and over Rs 13,000 crore to the tens of hundreds of v...Read More

Shares of Jet Airways extended losses for the ninth consecutive session on Tuesday and fell over 40% on the BSE.