JKC acquired the grounded Indian carrier Jet Airways in a bid process through India’s insolvency court National Company Law Tribunal in 2021
Jet Airways operations
Latest in Jet Airways operations
airline business
Jet Airways relaunch plan hits another air pocket
The carrier’s lenders approach the country’s appellate bankruptcy court to block the Jet Airways ownership transfer to the consortium led by UAE-based businessman Murari Lal Jalan
airline business
India’s Jet Airways wins second chance to takeoff as UAE-based owner given 6-month grace period
Earlier, India’s insolvency court, which approved the consortium’s proposal to take over Jet, had set November 16, 2022 as the effective date to pay dues to various creditors
airline business
Jet Airways kicks off re-launch, hiring new pilots after acquisition by UAE-based Indian businessman Murari Lal Jalan-led management
The once highly popular Indian carrier is said to be preparing to be airborne by September this year
Aviation
In pictures: What has gone wrong with India’s Jet Airways?
Here’s a look at where it all went wrong for the Etihad-backed troubled Indian carrier Jet Airways, the country’s oldest surviving private airline.
Abu Dhabi
Etihad assisting Jet Airways passengers in wake of airline’s collapse
The State Bank of India-led consortium is looking to sell a controlling stake in Jet and has shortlisted four potential buyers, including Etihad Airways, which already owns 24%