JKC acquired the grounded Indian carrier Jet Airways in a bid process through India’s insolvency court National Company Law Tribunal in 2021
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Aviation
Russian bidder for Jet Airways may be disqualified
Russian investment fund fails to comply with
Aviation
South American group expresses interest in grounded Jet Airways
Rio de Janeiro-headquartered Synergy Group is a majority stakeholder in the Colombian carrier Avianca Holdings
Aviation
Video: Jet Airways debt crisis explained
Recently, three parties showed interest in reviving debt-ridden Jet Airways, and no, none of them was Etihad, which holds a 24% stake in the airline.
Cash-strapped Jet Airways
Three parties interested in debt-ridden Jet Airways
Grounded debt-ridden Indian airline Jet Airways has received expressions of interest from two financial investors and another global company
Airline
India’s Vistara, SpiceJet said to mull bid for Jet Airways
London-based Adi Group and the Jet Airways Employees Union said they would bid for a 75 percent stake in Jet
Cash-strapped Jet Airways
Jet Airways lenders to go to bankruptcy court
Lenders to crippled Jet Airways say they would start bankruptcy court proceedings after failing to find buyer
Cash-strapped Jet Airways
Indian govt injects new optimism over Jet Airways future
The National Investment and Infrastructure Fund (NIIF), India’s sovereign wealth fund, may also be willing to invest in Jet
Abu Dhabi
Jet Airways investors seek massive write-down on debt
The investors are reportedly eyeing up to 75% reduction in debt by the banks on Jet Airway’s debt
Cash-strapped Jet Airways
Indian officials block former Jet Airways chairman Goyal from overseas travel
Naresh Goyal, former chairman of grounded Jet Airways and his wife were stopped from boarding a flight to Dubai on his way to London
Abu Dhabi
Britain’s Hinduja brothers consider bid for India’s Jet Airways
State Bank of India is seeking to sell a majority stake and has received two unsolicited bids and a conditional offer from Etihad Airways of Abu Dhabi
Aviation
CEO of Etihad-backed Jet Airways quits as crisis deepens
Heavily indebted Indian airline, which last month suspended all operations, says chief executive Vinay Dube resigned due to ‘personal reasons’
Amit Agarwal
Jet Airways exec resigns amid growing uncertainty over future
Latest resignation follow the departure of board member Gaurang Shetty last Thursday
Abu Dhabi
Jet Airways future remains grounded as banks seek investors
Etihad Airways has said it can only invest up to $242m in Jet Airways
Aviation
Etihad-backed Jet Airways gets two unsolicited bids
Hopes rise for the revival of India’s debt-laden carrier Jet Airways which was forced to ground its entire fleet last month
Abu Dhabi
With bidders shortlisted, what’s next for India’s Jet Airways?
SBI Capital, which is overseeing the sale process of Jet Airways, scotched reports about new investors showing interest in acquiring the airline
Aviation
State Bank of India to seek more flexibility in finding Jet Airways solution
Etihad Airways is one of the four bidders currently in the fray to acquire stake/additional stake in the carrier