Zee Business Jet Airways

But here the lender took forward the exercise at a 60 premium.

Zee business jet airways. Jet airways vs kingfisher fate. Get more companies news and business news on zee business. Debt restructuring via debt to equity was carried by lenders way back in 2011 with kingfisher airlines.

Mps to raise issue again as employees seek govt help several mps cutting across party lines have expressed their support for the early revival of the now grounded jet airways saying that they will again raise the issue in the ongoing winter session of parliament. They demanded government s help to resume the airline services. They demanded for a safer future through the protest.

In june 2019 the corporate bankruptcy went into the. Jet airways employees held protest at mumbai s shivaji maharaj international airport today. Jet airways has liabilities over rs 26 000 crore which include over rs 10 000 crore of vendor dues rs 8 500 crore along with interest owed to the lenders over rs 3 000 crore in salary dues and over rs 13 500 crore in accumulated losses over the past few years.

Jet airways has been a brand with a glorious history of over 25 years and it is the vision of the consortium to put jet airways back in the skies at the earliest opportunity. The much awaited jet airways resolution is finally heading towards a success with the resolution plan of kalrock capital and murari lal jalan having been approved by the committee of crediors coc. Get more companies news and business news on zee business.

Dec 03 2019 20 36 pm ist. Zee business zeebusiness february 21 2019. The protestors held banners and posters in their hands.

All services of jet airways have been on standstill since april last year. The resolution professional of jet airways has submitted the successful resolution plan of kalrock capital and murari lal jalan for the bankrupt airline at the national company law tribunal nclt. Due to the problem of funds the promoter stopped all services.