News > Jalan Kalrock Consortium deposits ₹100 crore in Jet Airways as part of revival plans
Jalan Kalrock Consortium deposits ₹100 crore in Jet Airways as part of revival plans
01/09/2023 10:23 AM | Click to read full article
The Jalan Kalrock Consortium (JCK), the successful bidder for the revival of Jet Airways, has deposited ₹100 crore into the airline within 48 hours of the National Company Law Appellate Tribunal (NCLAT) permitting the implementation of the revival plans. “With this infusion, JKC has now invested ₹250 crore in Jet Airways and now is only required to fund the remaining ₹100 crores in Jet Airways by September 30, 2023, to take control of the airline,” said an official statement.
