Jalan-Kalrock Invests an Additional 100 Crore in Jet Airways

Jet Airways was the country’s first privately owned airline. It first opened in 1993 and quickly became a popular destination for Indian tourists.

Jet Airways operated 124 planes on over 1,000 local and international flights.

NCLAT handed the Jalan-Kalrock partnership till September 30 to pay 350 crore in debts to the grounded airline’s lenders.