News

December 12, 2019

National Company Law Tribunal Seeks Clarity From Centre, Directorate General Of Civil Aviation On Jet Airways’ Slots


[ By Bobby Anthony ]

National-Company-Law-Appellate-Tribunal

The Mumbai Bench of the National Company Law Tribunal (NCLT) has sought clarity from the government and the Directorate General of Civil Aviation (DGCA) regarding the slots of the now insolvent Jet Airways.

This is a reiteration by the NCLT on the details of the slots of the airline.

The next hearing will be on December 17.

The DGCA has sought two weeks to provide clarity on slots available. The NCLT has also directed Synergy Group to appear before the tribunal on next date of hearing.

South America's Synergy Group is the only organization to show interest in Jet Airways.

A slot is a date and time at which an airline's aircraft is permitted to depart or arrive at an airport and they are important for potential buyers of an airline.



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