Jet Airways relaunch: Jalan-Kalrock seeks more time from NCLT to repay lenders, says report

After more than 25 years of operations, full-service airline Jet Airways was grounded on April 17, 2019, amid a severe cash crunch. The insolvency process began in June 2019 and the NCLT approved a resolution plan submitted by the Jalan-Kalrock Consortium on June 22, 2021.

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