Two years since it stopped flying, Jet Airways awaits NCLT clearance
April 18, 2021
The airline was grounded on April 17, 2019
“I am hoping we won’t see a third anniversary of Jet’s grounding within the next three to four months,” says Ashish Chhawcharria, the Resolution Professional looking after the airline s sale under the insolvency process.
April 17 marked the second year since Jet Airways was grounded over multi-crore unpaid dues after 25 years of operations. Six months ago, on October 17, 2020, the Committee of Creditors had voted in favor of the consortium UAE based Kalrock Capital and Entrepreneur Murari Lal Jalan.
The airline had drawn curtains on its operations on April 17, 2019 over unpaid dues to the tune of Rs 8,000 crore. Soon after its grounding, State Bank of India had dragged the airline to the insolvency court.
MUMBAI: Two years ago, in the small hours on this very day, Jet Airways flight from Amritsar had landed in Mumbai airport, the last flight before the 25-year old airline suspended operations leaving over 22,000 employees, including about 15,500 permanent staff jobless. Today, 3681 continue to remain on Jet Airway’s pay roll. They don’t draw salaries. They stayed back for different reasons, one of them being hope, that the airline will revive one day, that is.
Exactly six months ago, on October 17 last year, that hope shined bright when Jet’s committee of creditors approved the revival plan submitted by a consortium of UK-headquartered Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan. The consortium proposed to invest Rs 600 crore to repay creditors and acquire about 90 % stake in the carrier. Till February, the mood was upbeat, the airline would begin operations in 4 to 6 months, it was said.
Threat note on Bengaluru-Delhi flight triggers bomb scare; 12 flyers under lens
Top Searches
Threat note on Bengaluru-Delhi flight triggers bomb scare; 12 flyers under lens
Saurabh Sinha / TNN / Updated: Apr 17, 2021, 23:36 IST
FacebookTwitterLinkedinEMail
NEW DELHI: The captain operating an AirAsia India Bengaluru-Delhi flight with about 170 passengers on board on Saturday discovered a note in the lavatory threatening to blow up the aircraft on landing.
The note read, “there is a bomb on board I will blast as soon as it reaches Delhi,” and this flight I5-741 was scheduled to go to Srinagar from the capital. Luckily the Airbus A320 (VT-JRT) landed safely at IGI Airport where it was taken to a remote bay for checks and released for subsequent flights after being declared safe.