Shareholders of Jet Airways have rejected the company’s FY19 and FY20 financial accounts. The airline founded by Naresh Goyal suspended operations in April 2019 and has been under insolvency for nearly two years. The National Company Law Tribunal is expected to pass its judgment soon on a proposal to revive the airline. But ahead of […]
Day: June 18, 2021
Jet Airways shareholders reject company’s financial results for FY20
Shareholders of Jet Airways have rejected the financial results of the company for the financial year 2019-20. The 28th Annual General meeting (AGM) of the company was held on June 15, 2021 through video conference and other audio-visual means, the company said in a regulatory filing. “The business mentioned in the notice was transacted except […]
Domestic air traffic plunges 63% MoM in May due to second wave: DGCA
Around 21.15 lakh domestic passengers travelled by air in May, which is 63 per cent lower than the 57.25 lakh who travelled in April, the country’s aviation regulator said on Thursday. According to the Directorate General of Civil Aviation (DGCA), 78.22 lakh people travelled within the country by air in March. The drop in domestic […]