Aviation

WestJet unveils Canada’s first Boeing 737 MAX

CALGARY, Oct. 11, 2017 /CNW/ – WestJet today officially unveiled its first Boeing 737 MAX 8 aircraft, one of 50 scheduled for delivery in the next four years.

The aircraft, which has been at WestJet’s Calgary hangar since September 29 for inspections, training and test flights, is the first of 50 Boeing 737 Max scheduled to be delivered through 2021. The aircraft is expected to officially enter service on November 9, 2017, when it operates from Calgary to Toronto.

The Boeing 737 MAX is powered by CFM International’s LEAP-1B engines, designed for fuel efficiency and noise reduction. Overall, the aircraft is 14 per cent more fuel-efficient than current 737 Next-Generations and have a reduced operational noise footprint of up to 40 per cent through quiet-engine technology.

WestJet’s 737 MAX 8 aircraft feature a single cabin with 174 seats. Its seating configuration consists of three rows of Plus in addition to 11 more rows with a seat pitch of 34 inches. Further enhancing WestJet’s guest experience, the aircraft comes with Boeing’s new Sky Interior which has features such as customizable LED lighting and new speakers to improve sound and clarity of onboard announcements.

WestJet’s current fleet consists of 117 Boeing Next-Generation 737s, four Boeing 767s and 42 Bombardier Q400 NextGen aircraft. WestJet has also entered into a definitive purchase agreement for 10 Boeing 787-9 Dreamliners with the first aircraft expected to be delivered in January 2019. With one of the youngest fleets in the airline industry, WestJet continues its global growth while controlling operating costs and providing an award-winning guest experience.

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.