Jalan Kalrock Consortium invests additional Rs 100 crore into cash-strapped Jet Airways

The Jalan Kalrock Consortium (JKC) which emerged victorious in reviving Jet Airways has cleared all its dues to lenders.

JKC on Friday said it has infused an additional Rs 100 crore into Jet Airways, thereby fulfilling its total financial commitment of Rs 350 crore as part of a court-approved resolution plan.

The new promoters now expect to resume operations of the airline in 2024.

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