Light at the end of the tunnel: Jet Airways staff after nod to revival plan

The first day of the Navratri festival began on a high note for the 4,000-odd employees of the grounded Jet Airways, as the committee of creditors (CoC) approved the revival plan submitted by the Kalrock Capital-Murari Lal Jalan consortium.

“For the past 18 months, the employees have endured great hardship and financial stress. But finally, we can see the light at the end of the tunnel. We hope the revival process is fast-tracked with the help of the government,” said Amit Kelkar, vice-president of Jet Aircraft Maintenance Engineers Welfare Association.

The airline’s employees have claimed dues to the tune of Rs 1,428.7 crore, of which Rs 1,265.7 crore was admitted by the resolution professional.