Jet Airways Ltd, the full-service airline that went bankrupt in 2019, could be back in the skies as early as the summer of next year as the new promoters, Murari Lal Jalan and Kalrock Capital, intend to start domestic operations and international with all the slots that were available to …
Read More »‘Too tough, uncertain’: Experts on track to restart Jet Airways
A day after the plan to get Jet Airways back online, experts have said it will be “very difficult and uncertain.” The airline’s creditors on Saturday approved a multi-million dollar resolution plan under which Jet Airways would be acquired by a consortium of investors. However, experts say that the road …
Read More »Creditors approve Jet Airways resolution plan
Jet Airways creditors have approved a resolution plan that will give the nation’s oldest private airline a new life, the airline said in a regulatory filing on Saturday. The plan unveiled by a London-based consortium of Kalrock Capital and UAE businessman Murari Lal Jalan comes after months of talks about …
Read More »Jet Lenders Approve Kalrock Capital-Murari Jalan Plan To Revive Airline
NEW DELHI: Jet Airways (India) Ltd lenders approved on Saturday the resolution plan submitted by UK-based Kalrock Capital and UAE-based businessman Murari Lal Jalan to reactivate and operate the airline more than a year after the airline was suspended due to serious funds cracking under the ownership of its founder …
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