What happened with Jet Airways?


What happened with Jet Airways? The bank had filed a complaint in May against the airline, Goyal, his wife and a former airline director for causing wrongful loss to the lender. Goyal founded Jet Airways in 1992 but shut down operations in April 2019 after running out of cash. The airline was the second largest carrier in India by market share.


Has Jet Airways restarted?

The new promoters are determined to re-establish the operations of the airline up and running in 2024, a statement from the airline said. Jet Airways has not flown since April 2019, after running out of day-to-day cash and subsequently filing for insolvency.


Will Jet Airways revive?

The consortium's strategy to revive the airline remains unaltered. The new promoters are determined to re-establish the operations of the airline up and running in 2024. Further announcements regarding the launch date of Jet Airways will now be made in the coming weeks, the release added.


Is anyone buying Jet Airways?

Florian Fritsch, owner of investment company Kalrock Capital, has teamed up with UAE-based non-resident Indian Murari Lal Jalan to buy and relaunch Jet Airways.


What is the largest plane in the world 2023?

Biggest Airplanes in the World in 2023
  • Aero Spaceline's Super Guppy. ...
  • Lockheed Martin C-5M Super Galaxy. ...
  • McDonnell Douglas KC-10 Extender. ...
  • Boeing C-17 Globemaster III. ...
  • Ilyushin Il-76. ...
  • Boeing B-52 Stratofortress. ...
  • Boeing 747 Dreamlifter. ...
  • Airbus Beluga XL.