Michael Koish, Chief Investment Officer of Challenges Airlines, which won the bid for three of Jet Airways Boeing 777-300 aircraft, told Moneycontrol that the bankrupt airline s monitoring committee has become unresponsive despite court orders to hand over possession of the aircraft.
The Jalan Kalrock Consortium, which emerged as the successful bidder for the revival of Jet Airways, has made an additional infusion of Rs 100 crore into the airline, in accordance with the resolution plan approved by the court.