Saturday, 20 July 2019

How to stake claim for Jet Airways refund from the airline’s insolvency proceedings

How to stake claim for Jet Airways refund from the airline’s insolvency proceedings


The airline’s administrator (Interim Resolution Professional) had, in June 2019, invited everyone who the company owed anything, such as the Banks, the Employees and every one, to file a claim. As of yesterday, USD 3.6 Billion Dollars worth of claims were received from Banks, employees, and even for ticket refunds. Back in the day, I had posted about how to get your refund from the airline. I think that it would be very low probability now to receive your money, unless you had booked your ticket from a travel agent and they have access to the IATA deposits, which have still not been released to the agents.
So, to get pennies on the dollar for your refund, you should now apply for a refund from the airline’s Interim Resolution Professional, if you already have not done so.
Send an email to the email address ticket.jetclaims@in.gt.com with subject of the email being “Refund Claim” by August 02, 2019. You need to use Form B for the claims, so download it here. Remember, you need to send proof of the ticket with the document for verification as well.
Also, claims can be electronically submitted by accessing the following link : CLICK HERE
Eventually, your name needs to be on a List of Creditors which the Jet Airways India Limited owed money to. Once the list is finalised, the appropriate court will decide who gets how much money. 
Conclusion
Chances of recovery are slim and each passing day its going to be slimmer but still NEVER SAY NEVER AGAIN , and one has to file for recovery!!






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