Friday, Feb 03, 2023

Jet Airways

Jet Airways Revival Plan: Airline Says In Advanced Talks With Boeing, Airbus For Buying Aircraft

Dec 03, 2021 Outlook Business Team

Jet Airways has been acquired by the Murarilal Jalan-Kalrock Capital consortium under the insolvency resolution process. The ongoing discussions are part of the grounded airline's revival plan.

NCLT Clears Jalan Kalrock Consortium's Resolution Plan For Jet Airways

Jun 22, 2021 PTI

Jet Airways, which suspended operations in April 2019, has been undergoing a resolution process under the Insolvency and Bankruptcy Code (IBC) for two years.

Jet Airways Likely To Resume Operations In 2021

The airline was grounded on April 17 due to liquidity crisis last year

ED Raids Jet Airways Founder Naresh Goyal's House, Books Him In Money Laundering Case

Mar 05, 2020 PTI

ED says a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act

Jet Airways Founder Naresh Goyal Questioned By ED In FEMA Violation Case

The officials said that Goyal's statement has been recorded under the Foreign Exchange Management Act (FEMA) at the agency's zonal office in Mumbai.

24 August, 2019

Naresh Goyal Created Tax Evading Schemes To Siphon Off Funds Abroad: ED


The Enforcement Directorate had carried out searches on Friday at a dozen locations of Naresh Goyal, his firms and partner agencies in Mumbai and Delhi on charges of alleged contravention of the foreign exchange law.

23 August, 2019

ED Searches Jet Airways Founder Naresh Goyal's Premises in Delhi, Mumbai

Outlook Web Bureau

A full-service carrier, Jet Airways shuttered operations on April 17 after running out of cash.

09 July, 2019

Delhi High Court Asks Jet Airways Founder Naresh Goyal To Deposit Rs 18,000 Cr To Travel Abroad

Outlook Web Bureau

Justice Suresh Kait said no interim relief can be granted to Jet Airways Founder Naresh Goyal at this stage, and added that he may deposit Rs 18,000 crore guarantee if he wants to travel to a foreign country now.

05 July, 2019

Centre Orders Probe Into Jet Airways Over Alleged Mismanagement, Siphoning of funds

Outlook Web Bureau

The airline operated last in April this year after it ran out cash, owing over Rs 8,500 crore to the State Bank of India and 25 other financial creditors.

18 June, 2019

Jet Airways Shares Crash By 52 Per Cent After Lenders Initiate Bankruptcy Against Airline

Outlook Web Bureau

Jet Airways stocks hit an intra-day low of Rs 32.25 per share, falling by a massive 52 per cent. At 1.41 p.m, Jet's stocks were trading at Rs 38.05 per share, down Rs 30.25 or 44.29 per cent.

11 June, 2019

Mumbai Businessman Gets Life Imprisonment For Creating Hijack Scare On Plane

Outlook Web Bureau

In 2017, the Mumbai-Delhi Jet Airways flight had made the emergency landing after a note stating that there were hijackers and a bomb on board was found in the plane's washroom.


26 May, 2019

Naresh Goyal Stopped From Leaving India, MHA Issues Lookout Notice

Outlook Web Bureau

The disclosure came after Naresh Goyal and his wife Anita Goyal were stopped by immigration authorities at Mumbai airport, minutes before their aircraft was about to take off for London via Dubai.

25 May, 2019

Ex-Jet Airways Chairman Naresh Goyal, Wife Denied Permission To Travel Abroad In Mumbai

Outlook Web Bureau

The couple was to travel by Dubai-bound Emirates flight EK 507 when the immigration authority denied them permission to fly, they said.

15 May, 2019

Jet Airways Shares Continue To Fall For Third Day After Senior Officials Quit Airline

Outlook Web Bureau

Shares of Jet Airways had on Tuesday plunged over 7 per cent and had plummeted over 8 per cent Monday.

14 May, 2019

After Jet Airways Deputy CEO Amit Agarwal, CEO Vinay Dube Also Quits


Dube's resignation comes as a double blow on Tuesday for the grounded airline as earlier in the day, the company's Chief Financial Officer (CFO) and Deputy Chief Executive (CEO) Amit Agarwal also resigned.

10 May, 2019

Etihad, Few Others Submit Bids For Jet Airways

Outlook Web Bureau

The consortium of 26 lenders which now owns 51 per cent in Jet Airways, had invited expressions of interest between April 8 and 12 and had received four preliminary bids.

09 May, 2019

Aviation Ministry Seeks Report On Allocation Of Crisis-Hit Jet Airways Slots To Other Airlines

Outlook Web Bureau

The Civil Aviation Ministry decided to allocate the vacant slots at the airports in the national capital and Mumbai to other carriers.


30 April, 2019

Vistara To Hire 100 Pilots, 400 Cabin Crew From Jet

Outlook Web Bureau

Jet Airways on April 17 stopped operations, leaving over 22,000 employees in the lurch. Of these around 1,300 are pilots and over 2,000 are cabin crew.

Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

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