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Old Mar 17, 2021 | 10:08 pm
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mileageking
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Can new Dubai-based owner revive India's grounded Jet Airways within 6 months?

That’s according to the airline’s new owner – Dubai-based businessman Murari Lal Jalan, who was speaking to the media in India. Jet Airways services had been grounded since April 2019 after funding issues overwhelmed any continuation of operations. Abu Dhabi’s Etihad Airways is a shareholder in Jet. (Etihad, which holds a 24 per cent stake in Jet, did not immediately respond to requests for comment.)

India’s aviation regulators will consider granting slots and other approvals to Jet Airways only after the Kalrock-Jalan consortium gets approval from the National Company Law Tribunal (NLCT) for the takeover.

Can new Dubai-based owner revive India's grounded Jet Airways within 6 months? | Aviation – Gulf News
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