Jalan Kalrock Consortium Injects Additional Rs 100 Crore into Jet Airways as Part of Revival

The Jalan Kalrock Consortium, the successful bidder entrusted with the task of rejuvenating the grounded airline Jet Airways, announced on Thursday that it has contributed Rs 100 crore to Jet Airways. This brings the total investment in the airline to Rs 250 crore.

In a statement, the consortium stated, “JKC confirms the deposition of Rs 100 crore into Jet Airways within less than 48 hours of the NCLAT granting approval for the execution of the revival plans.”

Jet Airways has been non-operational since April 17, 2019.

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