{"id":570963,"date":"2023-04-21T09:19:32","date_gmt":"2023-04-21T03:49:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=570963"},"modified":"2023-04-21T09:53:27","modified_gmt":"2023-04-21T04:23:27","slug":"kalrock-jalan-consortium-opposes-sale-of-three-jet-airways-planes","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kalrock-jalan-consortium-opposes-sale-of-three-jet-airways-planes\/","title":{"rendered":"Kalrock-Jalan consortium opposes sale of three Jet Airways planes"},"content":{"rendered":"<p>The Kalrock-Jalan consortium has opposed the sale of three Boeing 777 aircraft belonging to Jet Airways, likely delaying payments to the airline&#8217;s creditors. <\/p>\n<p>The consortium is reviving Jet after it shut operations in April 2019 and the aircraft sale is a part of a bankruptcy resolution process. <\/p>\n<p>Kalrock-Jalan is yet to pay Jet\u2019s creditors and in a hearing before National Company Law Tribunal in Mumbai on Thursday, its lawyer said the consortium will file an intervening application opposing the sale. <\/p>\n<p>The submission was made on a plea by European cargo airline Ace Aviation VIII Limited, which has emerged as the successful bidder for the three aircraft.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Kalrock-Jalan consortium has opposed the sale of three Boeing 777 aircraft belonging to Jet Airways, likely delaying payments to the airline&#8217;s creditors. The consortium is reviving Jet after it shut operations in April 2019 and the aircraft sale is a part of a bankruptcy resolution process. Kalrock-Jalan is yet to pay Jet\u2019s creditors and in a hearing before National Company Law Tribunal in Mumbai on Thursday, its lawyer said the consortium will file an intervening application opposing the sale. The submission was made on a plea by European cargo airline Ace Aviation VIII Limited, which has emerged as the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-570963","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=570963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/570963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=570963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=570963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=570963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}