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Articles for Jalan Kalrock Consortium

Jet Airways: Jalan-Kalrock Consortium Soars High with Rs 100 Crore Infusion, Signals Hope for Revival
1 year, 2 months ago

Jet Airways: Jalan-Kalrock Consortium Soars High with Rs 100 Crore Infusion, Signals Hope for Revival

News 18  

In a remarkable turn of events, Jalan Kalrock Consortium has made a significant announcement that has reignited hopes for the revival of Jet Airways, once a prominent player in the Indian aviation industry. The consortium’s unwavering determination to revive Jet Airways remains a ray of hope for aviation enthusiasts and travelers alike. In recent years, the industry has faced numerous …

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NCLT allows transfer of Jet Airways ownership to Jalan Kalrock consortium
1 year, 11 months ago

NCLT allows transfer of Jet Airways ownership to Jalan Kalrock consortium

Live Mint  

NEW DELHI: The National Company Law Tribunal has allowed the transfer of ownership of Jet Airways to winning bidder Jalan-Kalrock consortium. As per the resolution plan, the consortium has to make cash payments of ₹185 crore to financial creditors within 180 days from the effective date. On 22 June 2021, the tribunal in its order had approved the resolution plan …

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Jet Airways takes to the skies again with a test flight | Watch video
2 years, 7 months ago

Jet Airways takes to the skies again with a test flight | Watch video

India Today  

Jet Airways on Thursday took to the skies again after a hiatus of more than three years. An emotional day for all of us who have been waiting, working, and praying for this day, as well as for Jet's loyal customers who can't wait for Jet to commence operations again," Jet Airways said. An emotional day for all of us …

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Jet Airways 2.0: From launch date to benefits for flyers, CEO Sanjiv Kapoor reveals key details
2 years, 8 months ago

Jet Airways 2.0: From launch date to benefits for flyers, CEO Sanjiv Kapoor reveals key details

India Today  

Jet Airways is gearing up to take to Indian skies by October 2022, airline Chief Executive Officer Sanjiv Kapoor said. FACILITIES FOR FLYERS Newly appointed CEO Sanjiv Kapoor said that Jet Airways will offer two-class facilities for flyers as part of the airline's plan to return with a hybrid of no-frills and premium services. Kapoor said Jet Airways has 200 …

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Meet Sanjiv Kapoor: Ex Vistara, SpiceJet official is Jet Airways' pick to take airline to the skies again
2 years, 9 months ago

Meet Sanjiv Kapoor: Ex Vistara, SpiceJet official is Jet Airways' pick to take airline to the skies again

India Today  

Jet Airways is all set to get a new Chief Executive Officer as Jalan Kalrock Consortium on Friday announced the appointment of Sanjiv Kapoor for the pivotal role. "Working together with a very strong team of experienced aviation professionals that is being put together by the Jalan-Kalrock Consortium, I look forward to leading the charge in rebuilding Jet Airways into …

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Jet Airways: Seven-member monitoring panel to manage airline under resolution plan
3 years, 5 months ago

Jet Airways: Seven-member monitoring panel to manage airline under resolution plan

The Hindu  

A seven-member monitoring committee, including members appointed by the winning bidder Jalan Kalrock Consortium and the lenders, will soon start managing the day-to-day affairs of Jet Airways till the resolution process is complete. On June 22, the National Company Law Tribunal approved the consortium's resolution plan for grounded Jet Airways, subject to certain conditions. As per the terms of the …

Resolution Resolution Plan Plan Committee Nclt Jet Airways Jalan Kalrock Consortium