Jet Airways 777 Sold

Ace Aviation, engaged in a pursuit with Jet Airways for acquisition of three Boeing 777, expressed urgency to finalize deal within six months.

Jalan-Kalrock Consortium (JKC), the entity chosen as the successful resolution applicant for Jet Airways, has requested the Supreme Court’s permission to substitute a ₹150-crore performance bank guarantee with a new financial instrument

While Jet Airways endeavors to stage a comeback, some of its aircraft sit idle, covered in dust, as they await their uncertain fate. Each day they languish on the ground, their value steadily diminishes.