If the winning bidder, the Jalan-Kalrock consortium, and the financing banks cannot agree on how to divide the income from aircraft rentals, lenders led by the State Bank of India (SBI) may force Jet Airways into liquidation.
Author: Mahesh Darkunde
Mahesh Darkunde
I am an aviation journalist; I have been with Aviation A2Z for the last 4 years and have strong expertise in the aviation domain. I mostly cover aerospace, Indian aviation, and airlines. I also write for global aviation publications and continuously expand my expertise, connections, and knowledge in the aviation industry.
The ePlane Company, an indigenous electric vehicle manufacturer, has disclosed that it is on track to develop India’s first air taxi and that flying trials would begin soon.
According to authorities, a 258-passenger Air India Dreamliner flight from Dubai to Kochi was diverted to Mumbai after the captain reported “loss of pressure.”
With Nordic Aviation Capital (NAC), Nairobi-based cargo carrier Astral Aviation has agreed to lease the first two of Embraer’s 190F passenger-to-freight converted aircraft.
During the Farnborough Airshow 2022, LATAM announced that it would be growing its fleet by adding 17 Airbus A321neo aircraft.
The world’s largest passenger plane, the Airbus A380, has been selected as a demonstrator to test new cutting-edge open fan engine
As part of the company’s ZEROe strategy, Airbus UpNext has disclosed a flight test program for Hydrogen-Powered Glider.
The previously announced deal for 200 737 MAX aircraft has been successfully renewed by Vietjet and Boeing, the world’s largest maker of aircraft.
At the Indian Naval Station Hansa in Goa, India, Boeing’s F/A-18 Super Hornet successfully conducted operational demonstration tests
According to industry sources, Air India is nearing a decision on a $50 billion jet order that will be split between Airbus and Boeing under its new owners Tata Group.