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The company has said that balance sheet management and not operating the airline like a lifestyle company are the two main elements for reviving Jet Airways.

London-based AdiGro Group proposes to restart Jet Airways operations by July 1

20 May 2019 6:38 AM GMT

May 20, 2019: One of the unsolicited bidders for Jet Airways, London-based AdiGro Group, has proposed to resume its operations by July 1.

The group has already received approval of key stakeholders, including founder Naresh Goyal and Etihad Airways, which hold 51 percent and 24 percent stakes respectively in Jet. Of Goyal’s 51 percent, 31.2 percent is pledged with lenders.

Jet Airways announces temporary suspension of flight operations

18 April 2019 5:14 AM GMT

April 18, 2019: Jet Airways flew its last flight on Wednesday night—9W 2502 from Amritsar to Mumbai—after lenders declined to hand out emergency...

Naresh Goyal steps down; Jet Airways board approves conversion of lenders’ debt into equity

26 March 2019 11:07 AM GMT

March 26, 2019: Finding a sustainable solution to the turnaround of Jet Airways has been receiving the attention of all stakeholders to enable the...

The airline’s operating revenues were at Rs 2,531.3 crore for the reported quarter and Rs 9113.2 crore for the fiscal 2019.

DGCA grounds Boeing 737 MAX aircraft

14 March 2019 10:22 AM GMT

March 12, 2019: India joined late Tuesday a global ban on flying the Boeing 737 MAX plane after this week’s crash of this aircraft type in the African...

Jet Airways declares codeshare with flynas

11 Dec 2018 8:00 AM GMT

December 11, 2018: Jet Airways and Saudi Arabia’s first budget airline- flynas have entered into an extensive codeshare partnership to enhance...

Jet Airways transports record 45 tonnes cargo on Boeing 777-300ER aircraft

15 Nov 2018 12:10 PM GMT

November 15, 2018: Jet Airways recently entered global record books for the highest uplift of cargo by an Indian carrier in a single flight. The...