Aviation

EASYJET’S BOOK CLUB LIFTS OFF TO GET CHILDREN HOOKED ON A BOOK THIS SUMMER

encourage children to get into good book by installing holiday reading libraries across its entire UK fleet this summer

·        Campaign follows research by easyJet, which reveals that over 8 in 10 British parents (83%) say children are reading less in comparison to when they were younger
·        Campaign ambassador and leading children’s author Dame Jacqueline Wilson has selected books for kids to enjoy in-flight
·        Children’s classics including; Peter Pan, Alice’s Adventures In Wonderland, The Railway Children and The Wizard of Oz, will be made available in passenger seat-pockets
·        The easyJet Book Club will see seven thousand copies of the books take to the skies as 147 ‘Flybraries’ lift off today
·        Statistics from the Department of Education show that one in five children in England cannot read well by the age of 11*
·        Figures from the National Foundation of Education Research show most children in England do not read on a daily basis with just over a third (37%) of 10 year-olds surveyed reported reading for pleasure every day**

LONDON, Tuesday 18th July 2017: Europe’s leading airline easyJet have launched a new initiative today to launch ‘Flybraries’ (flying libraries) following new research that suggests that the number of children reading for pleasure is at an all-time low.

This summer easyJet will fly 750,000 families out of UK airports on their holidays. That means it has a unique opportunity to get kids hooked on a book while they’re on the plane.

Former Children’s Laureate Dame Jacqueline Wilson, who is supporting the Flybrary campaign designed to promote literacy and encourage kids to read, has selected a range of classic children’s books to be stocked on board that encompass the spirit of travel and adventure. Dame Jacqueline unveiled her selection at the official launch of the Book Club at Gatwick Airport.

Seven thousand copies of children’s classics including Peter Pan, Alice’s Adventures In Wonderland, The Wizard Of Oz, and The Railway Children will be made available on easyJet’s UK fleet of 147 aircraft as the new holiday reading campaign takes flight today across European destinations for free. Kids can start reading them on the flight and then when they land download free samples of other classics to try, plus a sample of Wilson’s latest bestseller, Wave Me Goodbye, from easyjet.com/bookclub. Children will leave the books on board for the next passenger to enjoy.

Aviation

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.

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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.

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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.