Jalan-Kalrock committed to revive Jet Airways despite SC setback

The Jalan-Kalrock consortium remains committed to revive Jet Airways despite an adverse court ruling from Supreme Court, which directed the new owners to pay provident fund and gratuity dues of the grounded airline’s former employees, a person associated with the consortium said.

“The consortium has spent considerable time and expense to revive the airline,” said the person who requested not to be identified. “Though it (paying former employees’ dues) was not part of the resolution plan, we will stay committed to revive the airline.”