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JALAN KALROCK TEAM
NCLAT directs Jet ownership transfer to Jalan Kalrock teamThe National Company Appellate Tribunal (NCLAT) directed the transfer of Jet Airways' ownership to Jalan Kalrock Consortium (JKC) within 90...- Jalan-Kalrock committed to revive Jet Airways despite SC setback“The consortium has spent considerable time and expense to revive the airline,” said the person who requested not to be identified. “Though...
- Jet Airways Q2 results: Airlines posts Rs 308 crore lossThrough the corporate insolvency resolution process, the Jalan Fritsch consortium emerged as the winning bidder for the airline after the t...
- 3 senior executives exit Jet ahead of its relaunchOn June 22 last year, the National Company Law Tribunal (NCLT) approved the consortium's resolution plan for grounded Jet Airways, subject ...
- Three Jet Airways executives quit as airline awaits relaunchAll three executives are nominated post holders under rules of aviation regulator DGCA. This means, these positions will have to be compuls...
- Jet Airways ropes in former Go First executives as heads of network planning, revenue managementJet Airways intends to recommence commercial operations in the current quarter ending September 2022. The airline's Committee of Creditors ...
- Jet Airways appoints four new senior executivesJet Airways has appointed four new senior executives days after aviation regulator DGCA granted a revalidated Air Operator Certificate, all...
- Jet Airways gets DGCA nod, can officially take off againThe new owners of Jet, a consortium of Kalrock Capital and middle east-based businessman Murari Lal Jalan had applied for the security clea...
- 'Maintain laser-like focus' to get air operator certificate: Jet Airways CEO Sanjiv Kapoor to employeesThursday's test flight by Jet Airways to and from the Hyderabad airport was part of this exercise as it is gearing up to re-launch operatio...
- Aviation veteran Sanjiv Kapoor appointed CEO of Jet AirwaysKapoor, who has been chief operating officer at SpiceJet and Chief Strategy and commercial officer at Vistara, resigned as president of Obe...
- Former Sri Lankan Airlines CEO Vipula Gunatilleka appointed as Jet Airways CFOPrior to joining SriLankan Airlines, Mr Gunatilleka was the CFO & Board Member of TAAG Angola Airlines from November 2015 to July 2018 unde...
- NCLT directs MIAL to give access to Jet Airways employees to its hangarThe monitoring committee (MC) of Jet Airways had sought tribunal’s intervention after MIAL through letters directed the grounded airline to...
- Jet Airways to resume operations in the first quarter of 2022Once among India's largest airlines, Jet Airways will resume operations from the first quarter of 2022. This will be the first airline to b...
- Jet Airways owes employees between Rs 3 lakh and Rs 85 lakh. New owners want to pay Rs 23,000 to eachThe cash payment proposed by Kalrock-Jalan for each staffer is a token sum of Rs 11,000 and then Rs 5,100 towards medical reimbursements fo...
- Jet Airways may take a year to start flying again after revival plan approvalThe new owners of Jet, a consortium of UK-based investor Kalrock Capital and Gulf businessman Murari Lal Jalan, will need to seek several a...
- Jalan Kalrock Consortium says it will decide next step after studying NCLT's written orderThe National Company Law Tribunal (NCLT) on Tuesday approved the consortium's resolution for Jet Airways, which was grounded in April 2019.
- Kalrock-Jalan to pay Rs 1,183 crore to Jet's creditors over 5 yearsOutside of the resolution plan, the consortium has also offered to buy 51% of Etihad Airways’ stake in Jet’s loyalty programme, Jet Privile...
- Jet Airways insolvency: A look at torturous negotiations, threats, claims that led to resolutionJet, once the ruler of Indian skies, was run to the ground because of acute competition from low fare carriers, a high cost structure, vari...
- Jet 2.0: What remains to be done for the airline to fly againThe plan is to bring the airline back to its glory days and Jet 2.0 is what some of them are calling this, says Ashish Chhawchharia.
- Plan cleared, but Jet Airways’ revival still a long way off: ExpertsThe path to Jet’s revival remains long and arduous and will require a fresh business plan with low costs, capital infusion and efficient ma...
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