Jet Airways timeline: From suspension to NCLT order on Jalan Kalrock Consortium’s resolution plan

A brief timeline of the insolvency resolution process of Jet Airways, which started off as an air tax operator in 1993 and became a scheduled carrier in 1995.

April 17, 2019 — Cash-starved Jet Airways suspends operations

June 20, 2019 — National Company Law Tribunal (NCLT) insolvency petition filed by SBI-led lenders’ consortium

March 13, 2020 — Jet Airways seek more time for resolution process from NCLT after failing to attract any bidders

March 18, 2020 — NCLT allows more time for resolution process

June 14, 2020 — NCLT allows Jet Airways to sell its premises in Bandra Kurla Complex (BKC), Mumbai to settle claims, clear overseas debt