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Jet Airways lenders to take 9.5% stake, massive haircut

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 ......

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

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 ......

Jet Airways lenders approve bid by Kalrock Capital consortium

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 ......

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

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 ......

Two consortiums propose to restart Jet Airways, although somewhat differently

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 ......

Jet Airways lenders extend bid deadline once again

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 ......

Jet Airways shortlists four potential suitors for sale

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 ......

Jet Airways racks up long queue of suitors; 3 even come back to propose

Infrastructure

29 May, 2020

Jet Airways racks up long queue of suitors; 3 even come back to propose

Bankrupt Jet Airways (India) Ltd has received expressions of interest from at least eight entities including two financial services firms ......