Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, announced on Friday that it has infused an additional Rs 100 crore into the airline, per the court-approved resolution plan.
The consortium also stated it expects the airline to be operational next year, with the launch date likely to be announced in the coming days. Jet Airways has been grounded since April 17, 2019.
“Jalan Kalrock Consortium today completed an additional infusion of Rs 100 crore, reaffirming its unwavering commitment to the successful resurgence of Jet Airways,” said the consortium in a statement.