While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
Lenders are likely to convert part of the airline's debt into 11.4 crore shares at a consideration of Re 1 apiece as per RBI norms.
A special court in Mumbai on Monday rejected Jet Airways founder Naresh Goyal's applications seeking medical checkup by his personal doctor on regular basis and home-cooked food inside prison.
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
The Russian President also expressed "sincere condolences" to the families of those who died.
SpiceJet was forced to ground its fleet and cancel hundreds of its flights in December.
Abu Dhabi has asked for an increase in seat capacity post Jet-Etihad deal. If Indian government agrees, more fliers will use Etihad than Air India. This will spell disaster for the country's national carrier.
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly.
Over the past several months, the airline has struggled to pay vendors and staff salaries on time.
Signalling an imminent change in SpiceJet's ownership, potential investors including co-founder Ajay Singh and US-based JPMorgan have begun discussions with markets regulator Sebi over their investment plan for the cash-strapped airline.
In an emotionally-charged letter to the 22,000-strong employees, Goyal said the approval of the debt-recast plan will put the carrier on a "sounder and sustainable" financial footing.
Jet Air boss Naresh Goyal wants everyone to try his airline's superior service -- and he wants his breakfast on time.
State Bank of India on Monday invited bids from strategic as well as financial bidders for stake sale in ailing Jet Airways, and the bids have to be submitted by April 10, said a public notice.
Troubled carrier SpiceJet has paid employees' salaries for November and cleared dues of fuel companies as well.
The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.
After the August 10 deadline, South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek lenders' nod to extend the deadline to August 31. The Synergy Group owns a majority in Colombian carrier Avianca Holdings, which has a codeshare partnership with the state-run Air India.
"With the regulatory approval process now finalised for the new route, we are very pleased to enter this new stage of Jet Airways' North American expansion," Jet Airways founder and chairman Naresh Goyal said.
The Rs 2,058 crore (Rs 20.58 billion) deal between Jet Airways and Etihad Airways will benefit passengers, as increased competition will bring down air fares, aviation sector experts said.
The DGCA has allowed SpiceJet to accept advance bookings beyond March 31.
With one million users in Brazil, and 35,000 here in India within three weeks -- are we going to witness an encore from Orkut Bykkkten?
Jet Airways, India's largest airline in terms of marketshare, is looking at an equity dilution, said Founder and Chairman Naresh Goyal.
Though SpiceJet is likely to resume flights, experts have a doubt on the airline's financial capabilities.
The interim funding has not been forthcoming thus far, and as a result Jet has extended cancellation of international operations until April 18.
E-sports experts say the burgeoning sector will not be affected by the Goods and Services Tax (GST) Council's recent decision to levy a blanket 28 per cent tax on online gaming, which is being viewed by the industry as a death blow to gaming companies.
Likely to rake up the issue of open offer exemption.
The budget carrier was on the verge of collapsing in Dec.
SpiceJet is having tough times due to a huge financial crunch.
If oil prices continue as they are and we can cut costs, we'll be able to break even in the next financial quarter, says Singh.
Anita would be additional director in a non-executive and non-independent role.
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
JP Morgan may buy stake in debt -laden SpiceJet
But the Abu Dhabi-based airline would first bolster its own network with traffic from India before Jet's turnaround.
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
The civil aviation ministry appears supportive of SpiceJet because it does not want another airline to fail. The real test now will be the capacity of the airline's chairman, Kalanithi Maran, to raise funds. And he needs to do this quickly.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
SpiceJet had last year announced a $4.4-bn deal for 42 Boeing 737 Max.
On December 31, SpiceJet's accumulated losses had grown to Rs 3,233 crore.
Last week, the carrier had asked about 60 pilots who had resigned to leave after serving only half the six-month notice period.
Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368, according to data uploaded by the Election Commission of India on its website on Thursday.
It offers fares as low as Rs 1,499 for a one-way journey.
