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29 sept. 2023 · The Jalan-Kalrock consortium has injected INR3.50 billion to revive the Indian airline, which suspended operations in 2019. The group plans to reestablish the airline's operations and regain its market share in 2024.
28 sept. 2023 · Jet Airways aims to relaunch operations in 2024 – five years after its high-profile collapse – following the completion of fresh equity infusion from parent company, the Jalan-Kalrock consortium.
12 mars 2024 · Jet Airways has cleared a significant hurdle in its long-running revival plan, after an appellate tribunal approved the transfer of ownership to the Jalan-Kalrock Consortium, which must be...
29 sept. 2023 · The Jalan Kalrock Consortium, which bought the defunct Indian airline in 2021, has infused over $42 million into Jet Airways, fulfilling its court-approved plan. The group aims to relaunch the carrier in 2024, after facing some setbacks and milestones along the way.
12 mars 2024 · The National Company Law Appellate Tribunal (NCLAT) gave its nod for the transfer of ownership of Jet Airways to the Jalan Kalrock Consortium (JKC) on Tuesday, March 12, 2024. The approval comes almost a year after the initial permission was granted in January 2023.
22 juin 2021 · Collapsed Indian airline Jet Airways moved a step closer to revival on Tuesday when a bankruptcy court gave approval to a resolution plan.
12 mars 2024 · The appellate tribunal upheld the resolution plan of the Jalan-Kalrock consortium and directed the lenders to hand over the bankrupt airline within 90 days. The consortium has to pay dues, obtain an air operator certificate and security on three Dubai properties as conditions.
