Aviation

Russia accidently shoots down its own Rs 320 Crore Sukhoi fighter jet during Ukraine raids: Report

Amidst the Russia-Ukraine crisis, reports have surfaced claiming that the Ukrainian forces have shot down a Russian Su-34 Fullback strike fighter jet. Based on the Ukrainian media’s report, the plane was shot while passing over the Luhansk region of eastern Ukraine. Specifically, the reports said that the plane was shot down in the Alchevsk city of the aforementioned region, a front-line region of the ongoing conflict. It is to be noted that the separatist fighters getting Russian support are in control of the region.

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The videos posted online on July 17 show that visibly the air defence system was fired by either the pro-separatist or the Russian forces from the so-called Luhansk People’s Republic, followed by what seemed like a fireball that hits the ground later. Videos and images uploaded by the Strategic Command of the Ukrainian Armed Forces on the Telegram messaging app appear to show the burnt wreckage of a Russian Su-34 fighter-bomber.

Later, the aircraft was recognised as RF-95890 by a number of sources, including OSINT accounts and internet war trackers, as can be seen in some of the images. It is to be noted that the Su-34s are fighter jets that need a lot of fuel for their flight and hence carry lots of fuel, which could have been a catalyst in the fireball that was recorded falling out of the sky.

A rare Su-34M with some avionics, communications, and radar improvements was identified as the aircraft, according to additional information. It has been claimed that the Su-34M fighter jets were delivered to the Russian Air Force in earlier reports, which gives support to the claim. Moreover, a new order was placed in 2020 for the jets to be delivered in 2027.

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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.