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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.
Acquiring grounded aircraft in India remains a significant challenge, according to executives of the Challenge Group, which recently received court approval to acquire three aircraft from grounded Jet Airways after a delay of over a year.
Most extensive and up to date airline knowledge base: More than 50,000 aircraft, 6,500 airports and 5,000 airlines, access to fleet lists, worldwide airline schedules and route networks, airline management contacts, airline capacity and frequency analysis, airline PSS directory, up to date airline and route network news.
Most extensive and up to date airline knowledge base: More than 50,000 aircraft, 6,500 airports and 5,000 airlines, access to fleet lists, worldwide airline schedules and route networks, airline management contacts, airline capacity and frequency analysis, airline PSS directory, up to date airline and route network news.
Maltese-based airfreight and logistics specialist Challenge Group is receiving investment supporting its acquisition and freighter conversion of a batch