The consortium, which is the winning bidder for the debt-ridden airline, had requested for a 90-day extension to pay the amount. The NCLAT will announce its decision on the matter soon.
The full-service carrier's revenue from operations was Rs 39.08 crore for the quarter under review. Jet Airways had posted a total revenue of Rs 13.10 crore in the same quarter last year
Jet Airways reports ₹50-crore loss in Q1FY24 amid ownership transfer dispute with lenders thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
CoC of grounded airline Jet Airways told the NCLAT that they may choose not to pursue the appeal against transfer of the airline s ownership to Jalan Kalrock Consortium if it pays Rs 350 crore towards fulfilling condition precedents