The troubled carrier had the highest capacity for cargo and accounted for 50% of exports from Mumbai to London, Amsterdam, Paris and Singapore.

Even if the stake sale does not go through and the grounded Jet Airways gets dragged to bankruptcy court, experts say that its lenders may have to settle for a 50-60% haircut. 

The suspension of membership, which comes in the wake of the airline halting operations temporarily from last night, is with immediate effect, the International Air Transport Association (IATA) said in a circular.

It is theoretically possible for (defaulting) promoters to challenge proceedings under banned February 12 circular if the same had been admitted by the NCLT

The Bombay High Court refused to intervene in the Jet Airways crisis, saying it cannot direct the government and the Reserve Bank of India to rescue a sick company

Based on FY18 financial statements of the BSE-500 constituents, IiAS identified 75 companies that can return cash of up to Rs 1.1 lakh crore to shareholders

Apart from Mukesh Ambani, Menaka Guruswamy and Arundhati Katju were the only Indians on the TIME's list

On April 17, Jet Airways ran out of cash (and luck!) and temporarily halted its operations - first international, then domestic - after failing to secure additional funding from its lenders

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The pilots along with engineers and senior staff are yet to receive their March salaries. But paychecks have now become even more elusive, hinging on a positive outcome of the ongoing stake sale process

Jet Airways, grounded since last night, owns 10 wide-body Boeing 777-300 ER planes, along with a few Airbus A330s

Introduced in 2012, Angel Tax is an income tax on super normal premium garnered by start-ups on issuance of equity from resident investors

Jet Airways' CEO Vinay Dube has reassured customers that the airline's customer support teams are working round the clock to ensure that passengers are re-accommodated on alternate flights or provided with a full refund

Although airfares in April have already shot up 10-40% year-on-year, not only because of Jet Airways' grounding its flights but also due to the ban on the Boeing 737 and airspace restrictions, experts see fares coming down as airlines induct more plane

The troubled carrier had its last flight on Tuesday night after it failed to get Rs 400 crore without additional collateral.

SpiceJet Chairman & MD Ajay Singh said Thursday that SpiceJet will induct six more Boeing 737-800 NG aircraft on dry lease in addition to 16 Boeing 737 planes and five 90-seater Bombardier Q400 planes.

All you need to know about what brought Jet Airways down and whether it can survive this turbulence