Home Posts tagged Jalan Kalrock Consortium
Aviation Top Stories
In a recent development, lenders to Jet Airways have requested the Jalan-Kalrock Consortium (JKC), the consortium leading the revival efforts for the grounded carrier, to present the crucial Air Operator Certificate (AOC) in the upcoming hearing at the National Company Law Appellate Tribunal (NCLAT). The AOC, a prerequisite for resuming flight operations, is a pivotal […]Continue Reading
Aviation Top Stories
The Jalan Kalrock Consortium (JKC) has confirmed payment of an additional INR 1 billion (USD12 million) in its bid to take over Jet Airways (JAI, Mumbai International). This completes, it said, its payment obligations as spelled out in the National Company Law Tribunal (NCLT) resolution plan. “The consortium’s strategy to revive the airline remains unaltered. Continue Reading
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