Jet's new owner Jalan to operate airline, build airport at Uzbekistan
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New Delhi, Feb. 26 -- UAE-based Indian businessman Murari Lal Jalan, who is part of a two-member consortium chosen to revive Jet Airways (India) Ltd by its creditors, is in an advanced stage of talks with the Uzbekistan government to start a full-service airline and also build a new airport in the central Asian country, lawyers representing the lenders and their chosen resolution professional informed the Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday.
Jalan, whose net worth stood at $138 million ( Rs.939 crore) as of 31 December 2019, plans to launch the airline in the June quarter in collaboration with the Uzbekistan government. The airline will have more than 25 planes comprising Boeing 737Max, Airbus330 and Boei...
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