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Challenge Group says it may pull out of Jet Airways aircraft deal, seek refund with interest

Michael Koish, Chief Investment Officer of Challenges Airlines, which won the bid for three of Jet Airways Boeing 777-300 aircraft, told Moneycontrol that the bankrupt airline s monitoring committee has become unresponsive despite court orders to hand over possession of the aircraft. ....

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Jet Airways | NCLAT dismisses plea from JKC challenging sale of three Jet Airways planes

Apart from JKC, the All India Jet Airways’ Officers and Staff Association also filed an appeal with the appellate tribunal ....

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Jet Airways aircraft deal delay forcing us to seek alternatives: Challenge Airlines CEO

Eshel Heffetz, CEO, Challenges Airlines, told Moneycontrol, that while they have confidence in the Indian judiciary, it was starting to grow concerned by the mounting legal cost and the ultimate price tag for the work that will be needed to reactivate the aircraft. ....

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Challenge Airlines begins 767 flying with Maltese AOC

Malta-based Challenge Group’s new airline, Challenge Airlines MT, has started flying a 767-300ER on its recently certified Maltese air operator certificate (AOC) and will soon begin commercial, cargo-only flights before it is converted to a full freighter. Challenge Group told Cargo Facts that it has reconfigured the 1999-vintage unit 30301 (ex-Pegas Fly) to only carry ....

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