City officials seize four aircraft of India's Jet Airways, CNBC-TV18 reports

Jet Airways (India)

17/01/2023 17:51

Jan 17 (Reuters) - India's local authorities seized four
aircraft belonging to Jet Airways  JET.NS  for non-payment of
gratuity dues, CNBC-TV18 reported on Tuesday, citing sources.
    The Mumbai district administration seized three Boeing and
one Airbus planes after an authorised representative from the
carrier's monitoring panel defaulted on dues payment of 960,000
rupees ($11,760.38) plus 10% interest, CNBC-TV18 reported,
citing a notice.
    Jet Airways did not immediately respond to a Reuters request
for comment.
    India's national company law tribunal has allowed the
ownership of carrier Jet Airways to be transferred to a
consortium, led by UAE-based businessman Murari Lal Jalan and
London-based Kalrock Capital, two sources told Reuters last
week.
    The tribunal, which had already approved the consortium's
resolution plan for Jet, also set the effective date of
ownership as Nov. 16, 2022, one of the sources had said.
($1 = 81.6300 Indian rupees)
 (Reporting by Urvi Dugar in Bengaluru; Editing by Maju Samuel)
 ((UrviManoj.Dugar@thomsonreuters.com;))