TBM Staff - Mumbai
The Supreme Court of India ruled on Thursday that Jet Airways' assets will be liquidated, invoking its extraordinary powers under Article 142. The decision overturned a previous ruling by the National Company Law Appellate
TBM Staff - Mumbai
The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea of Jalan Kalrock Consortium (JKC), the successful bidder for Jet Airways, opposing the sale of three aircraft to Ace Aviation. JKC has now moved
TBM Staff - Mumbai
Sabre Corporation has appointed Samual Machado as Managing Director to oversee Sabre’s agency business across India and South Asia. With a wealth of technology experience and a proven record of success across the travel ecosystem,
TBM Staff - Mumbai
Akasa Air has now beaten Air India and IndiGo for the best on-time performance, according to the ranking list released by the Ministry of Civil Aviation. As per the data for the OTP matrix, where
TBM Staff - Mumbai
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
TBM Staff - Mumbai
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
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