Who is controlling Jet Airways?
Who is controlling Jet Airways? New Delhi: Despite a prolonged legal battle, Jalan-Kalrock consortium remains committed to revive Jet Airways. The consortium of UAE-based businessman Murari Lal Jalan and UK's Kalrock Capital Partners expects to take control of the airline by end of the year and have asked banks to complete the regulatory process.
Who is a airline pilots boss?
On an airliner, the pilot in command is called the captain. The captain, who generally sits on the left side of the cockpit, is ultimately responsible for everything that happens on the flight.
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.
Why did Jet Airways fail?
The airline did not have adequate assets for financing even current operations, let alone for future growth. A shutdown thus became inevitable.
Who is the biggest airline partner?
With an impressive 26 members, Star Alliance was founded in 1997 by Lufthansa, Air Canada, United Airlines, Scandinavian Airlines (SAS) and Thai Airways. Today it services 1,200-plus airports (even more with their connection partners) and is the largest airline alliance.