The record
Written from the 1 report below. Nothing here is unsourced.
- The first of three grounded Jet Airways Boeing 777-300ERs, parked at Mumbai airport since 2019, departed on Monday for Tel Aviv, where it will be converted into a freighter.
- The aircraft is among three wide-bodies being sold to Malta-based Ace Aviation, part of Israel's Challenge Group, for a combined $46 million as part of Jet Airways' ongoing liquidation.
- The sale, cleared by the National Company Law Tribunal, had been delayed for over three years by legal disputes, including claims by Mumbai International Airport Ltd for dues it puts at around Rs 1,000 crore.
What to watch next
- Departure of the remaining two 777s (VT-JES and VT-JEV) to Ace Aviation
- Resolution of Mumbai International Airport Ltd's claim for around Rs 1,000 crore in dues
- Progress of Jet Airways' broader liquidation process
Coverage1
1 report
English national1
All filed from India
Named India · Israel · Malta · Boeing 777-300ER · Mumbai International Airport Ltd · Tel Aviv · Ace Aviation · Adani Group · All India Jet Airways Staff and Officers Association · Challenge Group · Jet Airways · Mumbai · National Company Law Tribunal
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