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Aviation
NCLAT dismisses plea of JKC; allows sale of planes to Ace Aviation

NCLAT dismisses plea of JKC; allows sale of planes to Ace Aviation

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

Technology
Sabre appoints Samual Machado as MD to spearhead agency business growth across India & South Asia

Sabre appoints Samual Machado as MD to spearhead agency business growth across India & South Asia

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,

Aviation

Akasa Air emerges winner for on-time performance for November

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

Aviation
Lenders seek proof of AOC in Jet Airways’ next hearing

Lenders seek proof of AOC in Jet Airways’ next hearing

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

Aviation
Jalan Kalrock Consortium infuses further INR 1bn into Jet Airways

Jalan Kalrock Consortium infuses further INR 1bn into Jet Airways

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

Aviation
Jalan Karlock Consortium claims enough fund to revive Jet Airways

Jalan Karlock Consortium claims enough fund to revive Jet Airways

The Jalan Karlock Consortium has reinforced belief that it has funds to revive the struggling airline; and the appointment of officials on prominent positions in the company. The Consortium has said that despite many challenges,

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