#Jet Airways

.Mumbai, Maharashtra, India

  • The closure report was filed by Mumbai police in a cheating case against Jet Airways
  • The order came a day after theBombay High Court rejected a plea of the Enforcement Directorate (ED)
  • The ATIPL alleged that they were cheated of Rs 46 crore by the Goyals

.Delhi, India
Jet Airways was grounded in April last year. (Photo Credit: Instagram/@jetairways)

  • New promoters of Jet Airways have planned to resume operations with all slots that were available to it before it was grounded
  • After it went bankrupt, Jet Airways ceased all operations in April, last year
  • UK-based Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan are its new promoters

IATA chief said airlines will suffer losses in the order of $100 billion, up from previous estimates of $87 billion. (Photo Credit: PTI)

  • Alexandre de Juniac said the industry would need another $80 billion in aid
  • Juniac added that nearly 40 airlines are in a very difficult situation
  • Travel restrictions are being reimposed in several European countries

.New Delhi, Delhi, India
Jet Airways temporarily shut down its operation in April, last year. (Photo Credit: Instagram/Jet Airways)

  • Jet Airways is India's oldest private airline, the second-largest by domestic passengers and the largest in terms of international traffic, till early last year
  • Its grounding last year dealt a blow to its 12,000 employees 
  • The first step in Jet Airways' resolution process is now complete