India tribunal allows Jet Airways ownership transfer to consortium – sources
MUMBAI (Reuters) -India’s national company law tribunal has allowed the ownership of carrier Jet Airways to be transferred to a consortium, led by UAE-based businessman Murari Lal Jalan and London-based Kalrock Capital, two sources told Reuters. Once India’s biggest private airline, Jet ran out of cash in April 2019. It was supposed to resume operations …
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