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Unboxing the new KLM Boeing 787 Dreamliner..!

KLM Boeing

The Boeing 787 Dreamliner. One of the most advanced airplanes of its time, which offers by default top-level quality and comfort. Nonetheless, KLM wanted to take an extra step to offer its passengers an even more exceptional flight experience. We have therefore added some extra features on top of the already amazing features of the Boeing 787 Dreamliner. This will allow passengers to be more relaxed and fit when they arrive at their destination.

The industry-leading technology of the 787 Dreamliner is creating remarkable opportunities for airlines around the world and dramatically improving the air travel experience. We call it the Dreamliner effect. The 787’s unparalleled fuel efficiency and range flexibility enables carriers to profitably open new routes as well as optimize fleet and network performance. And for their passengers, an experience like none other in the air, with more comfort and less fatigue. The Dreamliner effect. That’s a better way to fly.

 

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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.

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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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