The path to recommence operations of the grounded Jet Airways is very tough and uncertain despite the committee of creditors (CoC) approval of the airline’s revival plan submitted by the Kalrock Capital-Murari Lal Jalan consortium, aviation advisory and research practice CAPA India head Kapil Kaul has said.
The plan was approved after the conclusion of the e-voting on the proposal, Jet Airways RP (resolution professional) Ashish Chhawchharia had informed the BSE on Saturday.