Jet Air gets new owners as creditors choose Kalrock Capital, UAE investor
Thu, Oct 8, 2020 10:07 AM

Jet Air gets new owners as creditors choose Kalrock Capital, UAE investor

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Another consortium comprising Haryana-based Flight Simulation Technique Centre, Mumbai's Big Charter & Abu Dhabi’s Imperial Capital Investments to win Jet. Kalrock's website described it as a London-based asset management company with interests in real estate, venture capital and “special situations”. Jet, India’s oldest private carrier, stopped operations in April last year due to a cash crunch.

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