Aviation
Ukraine enters a tender for the engine development for Turkey’s KAAN Fighter.
In the competition to create the initial engine for the KAAN fighter plane, the Ukrainian business Ivchenko Progress also took part. The National Combat Aircraft (MMU) Project will include the development of a national turbofan engine for the KAAN warplane by the Presidency of Defence Industries. The “Preliminary Design Phase Project” was recently initiated in this area.
According to data gathered by SavunmaSanayiST.com from defence sources, TRMotor’s principal contractor submitted the tender for the preliminary design phase project, which was started by the SSB as part of the MMU Original Engine Development Programme, under the cooperation model of TEI and Ivchenko Progress.
Engines from Ukraine are utilised in aircraft and ammunition such as the AKINCI T? HA, KIZILELMA, ANKA-3, KEMANKES, and Super??M? EK, which was developed by the Turkish defence industry. The T929 Heavy Class Attack Helicopter, however, also makes use of a Ukrainian-supplied engine.
On the other side, the Turkish Kale Group company and the British Rolls-Royce company had partnered to develop the engine for the National Combat Aircraft. In the same tender, TAEC is a competitor. With Kale Holding A., Rolls Royce Overseas Holdings Limited, and TAEC Aircraft Engine Industry Inc., the company was founded in 2017. The company is 51% owned by Kale Group.
The Kale Group company, Kale Arge, is renowned for creating the first turbojet missile engines in Turkey.
The SOM and ATMACA missiles will be powered by the Kale Arge KTJ-3200 and KTJ-1750 turbojet engines; AKIR. In contrast, the business provides the KTJ-3700 for the LAND SHOOTER and GEZG? N is working on the Cruise Missile’s engines as part of the ARAT Project. The Roketsan AKIR Cruise Missile’s first fire test with the KTJ-1750 Turbojet Engine just ended successfully.
According to Prof. Dr. Ismail Demir, president of the defence industry, the creation of a national turbofan engine for the KAAN fighter aircraft could take somewhere between 8 and 10 years. Currently, the KAAN fighter aircraft uses the US-made F110 Turbofan Engine. An F110 engine will power the first 20 KAAN aeroplanes, which are anticipated to fly for the first time in 2023 or 2024.
The Turkish Air Force is expected to receive the first KAAN from TAI in 2028.
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.
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