End of runway for Jet: SC orders liquidation, nixes revival plan

Thursday, 7 November 2024
The Supreme Court has ordered the liquidation of Jet Airways after the Jalan Kalrock Consortium, the winning bidder, failed to deposit the first installment of the resolution plan. The court invoked its special powers to order the liquidation, citing the consortium's violations and the lack of progress in reviving the airline.

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Jet Airways Defunct airline of India (1992–2019)

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