The Jalan-Kalrock consortium is planning to order 200 aircraft. The development has come in the wake of the National Company Law Appellate Tribunal (NCLAT) decision, in which it declined to halt the ownership transfer as requested by the lenders, according to a report by Mint.
The official announcement of the order may come around June, people familiar with the matter said. They did not want to be named.
The report quoted one of the people aware of the development as saying, “Jalan-Kalrock is in talks with aircraft OEMs (original equipment manufacturers) to place an order of at least 200 planes of a mix of small, medium, and large narrow body jets at the Paris airshow in June for their growth plan for five years.”
