Jet Airways in talks with Boeing, Airbus for $12-billion order
Financial Express Mumbai|December 03, 2021
THE NEW OWNERS of once-bankrupt Jet Airways India are in talks with Boeing and Airbus to purchase at least 100 narrowbody jets for the carrier's fleet in a bid to revive what used to be the biggest private airline in the country before it collapsed under a pile of debt.
ANURAG KOTOKY

The winning bidders for Jet Airways in a state-run bankruptcy resolution process Dubai-based, Indian-origin businessman Murari Lal Jalan and Florian Fritsch, the chairman of London-based financial advisory and alternative asset manager Kalrock Capital Management - plan to start flights in the first three months of next year, Ankit Jalan, a representative for the consortium, said in an interview with Bloomberg News.

The group will invest around ₹1,500 crore via equity and debt in the airline over the next six months, half a year earlier than originally planned, Jalan, who is Murari Lal's nephew, said earlier this week.

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