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Etihad Aviation Group

Etihad Aviation Group latest

Consortium to Relaunch Jet Airways in 4-6 Months
February 23rd, 2021 - 12:45 GMT

Consortium to Relaunch Jet Airways in 4-6 Months

A consortium, which won the bid to acquire Jet Airways , expects to restart operations of the defunct airline in four to six months once after receiving the approval for its revival plan from the National Company Law Tribunal, India’s top bankruptcy court. The consortium, comprising Murari Lal Jalan, a low-profile UAE businessman, and Kalrock Capital, a London-based investment fund, submitted an Rs10 billion plan to re-launch the debt-ridden airline ...
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85 Percent of World's Airlines At Risk Of Bankruptcy Before Year-end
May 1st, 2020 - 04:00 GMT

85 Percent of World's Airlines At Risk Of Bankruptcy Before Year-End

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