Connect with us

Aviation

AirAsia X launches direct flight to the “Pink City” in India from Kuala Lumpur!

AirAsia X

SEPANG, 6 NOVEMBER 2017 – AirAsia X will achieve yet another milestone with the announcement of direct services from Kuala Lumpur to Jaipur, India with four times-weekly flights effective 5 February 2018.

AirAsia X launches the new unique route today, offering promotional all-in fares from as low as RM229* for economy seat and RM699* one way for Premium flatbed seats open for bookings on airasia.com for the travel period between 5 Feb 2018 and 21 Nov 2018.

AirAsia X is the first low-cost long-haul carrier to fly direct from Kuala Lumpur to Jaipur, the capital city of Rajasthan, further improving its connectivity between its regional network in Kuala Lumpur, Malaysia and India. This follows a successful launch of Bangkok-Jaipur route in September this year operated by its short-haul affiliate AirAsia Thailand.

Flight Schedule for Kuala Lumpur, Malaysia (KUL) – Jaipur, India (JAI)

Route Flight No STD ETA Day Flight Frequency
Kuala Lumpur – Jaipur D7 184 1900hrs 2200hrs Monday, Wednesday, Friday, Saturday   4 x Weekly
Jaipur- Kuala Lumpur D7 185 2315hrs 0705hrs Monday, Wednesday, Friday, Saturday

 

 

Aviation

No More Jet Airways. Supreme Court Says “No Choice”, Orders Liquidation

No More Jet Airways. Supreme Court Says "No Choice", Orders Liquidation

Jet Airways was once one of India’s leading airlines, known for its service and extensive network. Founded in 1993, it served millions of passengers, connecting cities across India and international destinations.

However, since grounding its flights in April 2019, Jet Airways has struggled to navigate financial turbulence, leading to years of efforts to revive the airline and return it to the skies.

On Thursday, the Supreme Court ordered the liquidation of Jet Airways, citing “no choice” but to take this decisive step after the resolution plan failed to meet creditor obligations. The court invoked its extraordinary powers under Article 142, which allows it to make orders for “complete justice” in any case, overriding previous tribunal rulings.

China Set to Debut New J-35A Stealth Fighter at Zhuhai Airshow

The Jalan-Kalrock Consortium (JKC), which had won the bid to revive Jet, faced criticism for not fulfilling payment commitments to creditors, which included major banks like the State Bank of India and Punjab National Bank.

The Supreme Court’s ruling pointed to “peculiar and alarming” issues surrounding the resolution plan’s implementation, leading to its conclusion that liquidation was the only feasible outcome.

HondaJet’s New Auto-Throttle: A Game-Changer for Luxury Aviation

Chief Justice DY Chandrachud, alongside Justices JB Pardiwala and Manoj Misra, emphasized that while liquidation should be a last resort, it was necessary as the resolution plan was “no longer capable of implementation.”

In line with this decision, the court ordered that the ₹200 crore already infused by JKC be forfeited and directed the National Company Law Appellate Tribunal (NCLAT) in Mumbai to appoint a liquidator to oversee the process.

JKC, a partnership between Murari Jalan, a UAE-based Indian entrepreneur, and Florian Fritsch, a Jet shareholder through Kalrock Capital Partners Limited, had taken ownership of Jet Airways two years after it was grounded. The consortium’s inability to fulfill its financial obligations has now led to this final verdict, marking the end of an era for Jet Airways in India.

Continue Reading

Trending