HomeBusinessDue to unpaid invoices, Jet Airways' relaunch may be postponed: Report

Due to unpaid invoices, Jet Airways’ relaunch may be postponed: Report

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  • As the airline’s winning bidder, the Jalan Kalrock consortium, has not yet made all of its payments, the relaunch of Jet Airways is probably going to be delayed.
  • Jalan Kalrock has two payments to make: one to the former airline employees and the other to different lenders.
  • Only after making the initial loan payment to the lenders will the airline’s ownership be transferred.

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