The private jet market is facing unprecedented challenges as the COVID-19 pandemic has aggravated an already fragile industry. The private jet charter market is down 33.8% in volume year-to-date and even lower in revenue, with Europe doing worse than America. All charter market segments are impacted but the most affected are the long trans-continental and […]
Tag Archives: Jet
02
Nov
Nov
Giving India’s oldest private carrier a new lease of life, a panel of creditors to Jet Airways has approved a resolution plan for the bankrupt airline. London-based Kalrock Capital and UAE businessman Murari Lal Jalan have now become the new owners of the carrier as its creditors approved the resolution plan submitted by this consortium. […]