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
Murari Lal Jalan
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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
Aviation
UAE-based Murari Lal Jalan-led consortium ropes in IBS software to power re-launch of Jet Airways
The grounded Indian carrier’s move to take IBS on board to prepare tech platforms comes close on the heels of it kicking off the process for hiring of pilots in late July
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
airlines operations
UAE-based Murari Lal Jalan-led consortium looking to relaunch Jet Airways
Industry sources indicated that the airline could be looking at the Gulf sector for its initial re-run in the second half of next year
Aviation
Jet Airways closer to flying again as rescue plan approved
Dubai-based businessman Murari Lal Jalan and Kalrock Capital Management Ltd. in London laid out a rescue plan, pledging in December that the airline would fly again by this summer