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#JetAirways is in advanced talks to order about 50 #Airbus SE A220 aircraft.
#JetAirways founders accused of embezzling funds meant for #airline operations
#JetAirways lenders seek #SupremeCourt approval for liquidation as revival plan falters
#JetAirways lenders seek #SupremeCourt approval for liquidation as revival plan falters
#JetAirways receives renewal of airport operator certificate

https://t.co/LBHR9ZQvAL
#ED arrests #JetAirways founder Naresh Goyal in a money laundering case.
#JetAirways Insolvency | The Supreme Court sends #JetAirways into liquidation

✈️ The Supreme Court's order says the Successful Resolution Applicant failed to implement the resolution plan, by failing to infuse Rs. 350cr.

✈️ By failing to infuse funds, is found to be in breach of the resolution plan.

✈️ Employee Dues of ₹226cr have also not been paid, under the resolution plan.