After a prolonged delay of over two years, the liquidation process of Jet Airways may see significant progress with the transfer of …
Tag:
creditors
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Airline Updates
Jet Airways’ Asset Liquidation May Yield Rs 1,000 Crore for Creditors.
by Editorby EditorThe liquidation of Jet Airways’ assets is expected to yield creditors approximately Rs 1,000 crore, as the long-awaited resolution of the airline’s …
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Airline Updates
Creditors Delay Jet Airways Resolution Process, Winning Bidder Appeals to Supreme Court.
by Editorby EditorThe resolution process for Jet Airways has faced significant delays, as reported by the winning bidder during a recent hearing at the …
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Airline Updates
Jet Airways Crisis Deepens as Lenders Demand Airline Liquidation.
by Editorby EditorThe ongoing crisis surrounding Jet Airways has reached a critical juncture, with lenders remaining resolute in their demand for the airline’s liquidation. …
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The Committee of Creditors (CoC) for Go First, the bankrupt airline formerly known as GoAir, has decided to proceed with liquidation after …
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In a significant development for the aviation industry, GoFirst Airlines is set to face liquidation after a decisive vote by its creditors …