Wednesday, July 26, 2023

Jalan-Kalrock Consortium appoints Jatinderpal Singh Dhillon as accountable manager for Jet Airways

Jalan-Kalrock Consortium, the winning bidder for bankrupt Jet Airways, on Wednesday announced the appointment of Jatinderpal Singh Dhillon as the airline's accountable manager. The appointment of Dhillon, a seasoned pilot who has also served in the Indian Navy, is effective from July, JKC said in a statement.

Jet Airways, which has not flown since April 17, 2019 due to financial crunch, went through lengthy insolvency proceedings and the Jalan-Kalrock Consortium (JKC)emerged as the winning bidder.

However, the transfer of ownership to JKC is yet to happen amid persisting differences with the airline's lenders.

"The Jalan-Kalrock Consortium announces the appointment of Jatinderpal Singh Dhillon as the Accountable Manager for Jet Airways.

"The consortium is confident that Dhillon would play a crucial role in the operational preparedness of Jet Airways along with JKC," it said in a statement.

26/07/2023 PTI/Economic Times

To Read the News in full at Source, Click the Headline


Post a Comment