JKC acquired the grounded Indian carrier Jet Airways in a bid process through India’s insolvency court National Company Law Tribunal in 2021
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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
Founder of India’s Jet Airways quits as crisis grows
Etihad Airways nominee Kevin Knight has also resigned from the Jet Airways board
Abu Dhabi International Airport
Etihad-backed Jet Airways grounds more planes
Beleaguered airline, gasping under debts of more than $1bn, grounds seven more aircraft
Aviation
Video: What is the future of debt-ridden India’s Jet Airways as aircraft grounding continues?
Indian airline Jet Airways is facing serious operational issues, with 25 of its aircraft currently grounded on account of payment defaults to the carrier’s leasing companies.
Aviation
More Jet Airways aircraft grounded as payment issues continue
Jet Airways, in which Abu Dhabi-based Etihad Airways hold 24 percent stake, has a total of 119 aircraft, large majority of which are on lease basis
Abu Dhabi
Yusuffali says no plans to invest in ailing Jet Airways
Chairman and managing director of UAE-based retail giant Lulu Group International has made investments in two airports in Kerala
Cramer Ball
Former Etihad execs playing key roles in Jet Airways equity talks – report
It was previously reported that Jet chairman Naresh Goyal is willing to hand over “operational reins” to Etihad in exchange for equity and soft loans
Abu Dhabi
India’s Jet Airways in talks with ‘multiple investors’
The airline has downplayed a media report that said it may hand “operational reins” to Abu Dhabi’s Etihad
Abu Dhabi
Indian PM Modi said to approach Tata Group to help rescue Jet Airways
Taking over Jet Airways could give Tata Group’s fledgling aviation business a real shot at dominating the fastest-growing major air-travel market
Aviation
Jet Airways flight returns to Mumbai with 30 ‘bleeding’ passengers
The flight 9W-697 with 166 passengers and five crew, was forced to return back to Mumbai shortly after take-off