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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 10:44 AM IST

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...

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 3:52 PM IST

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...

The move is likely to pave the way for use of drones for e-commerce.

Govt proposes Drone Corridor, Droneports for unmanned aircraft

16 Jan 2019 1:13 PM IST

Jan 16, 2019: The government of India has suggested launching a corridor for flying drones as well as setting up a separate directorate for licensing...

The deadline to submit expression of interest was August 10.

DGCA asks Jet Airways, SpiceJet to take action on B737 Max aircraft

9 Nov 2018 11:28 AM IST

Nov 9, 2018: Aviation regulator DGCA has asked Jet Airways and SpiceJet to take corrective action to address possible issues with their Boeing 737 MAX...

Drone policy to see the light soon: Sinha

18 May 2018 6:01 PM IST

May 18, 2018: Minister of State for Civil Aviation Jayant Sinha has said that the civil aviation ministry is in final stages of formulating the drone...

Government working on a revival plan for Air India

Airbus 320 neos’ grounding a proactive decision: Jayant Sinha

15 March 2018 10:52 AM IST

March 14, 2018: Minister of State for Civil Aviation Jayant Sinha has reportedly said that the grounding of 11 aircrafts with the new Airbus 320 neo s