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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

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

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