{"id":20857,"date":"2022-05-26T17:24:08","date_gmt":"2022-05-26T11:54:08","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=20857"},"modified":"2022-05-29T19:02:01","modified_gmt":"2022-05-29T13:32:01","slug":"jet-airways-officers-and-staff-association-challenges-the-airlines-resolve-plan","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/05\/26\/jet-airways-officers-and-staff-association-challenges-the-airlines-resolve-plan\/","title":{"rendered":"Jet Airways’ Officers and Staff association challenges Airline’s resolve plan"},"content":{"rendered":"\n

On Thursday, all India Jet Airways<\/a>‘ Officers and Staff Association told it had filed a request before the NCLAT against the Jalan-Kalrock consortium’s resolution plan for the airline.<\/strong><\/p>\n\n\n\n

In October 2020, the airline’s Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK’s Kalrock Capital and the UAE-based entrepreneur Murari Lal Jalan. The plan was later cleared by the Mumbai bench of the National Company Law Tribunal (NCLT).<\/em><\/p>\n\n\n\n

Jet Airways’ air operator certificate was revalidated by <\/h2>\n\n\n\n
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Jet Airways | Aviationa2z.com<\/strong><\/figcaption><\/figure>\n\n\n\n

Last week, Jet Airways<\/a>‘ air operator certificate was revalidated by the aviation regulator DGCA, paving the way for the relaunch of the airline, which was grounded in April 2019 due to financial woes.<\/p>\n\n\n\n

“The resolution plan is contingent on many hypotheticals about the help of crucial assets of the former Jet Airways, including its property, flight slots, and most importantly, its workers and employees,” All India Jet Airways’ Officers and Staff Association President Kiran Pawaskar told in a report.<\/p>\n\n\n\n

National Company Law Appellate Tribunal <\/h2>\n\n\n\n

In its petition before the National Company Law Appellate Tribunal <\/a>(NCLAT), the association has prayed for complete payments of the gratuity, unpaid wages, privilege leave encashment, bonus from April 2018 to June 2019, and retrenchment compensation to all workers and employees, the report told.<\/p>\n\n\n\n

Also, read <\/strong><\/p>\n\n\n\n