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Civil Aviation

Jet Airways’ air operator certificate renewed by DGCA

The Jalan-Kalrock Consortium, which is the resolution applicant for the cash-strapped Jet Airways, has successfully secured the renewal of the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA).

Centre modifies ECLGS to give Civil Aviation sector necessary collateral-free liquidity

The Centre has modified the Emergency Credit Line Guarantee Scheme (ECLGS) to enhance the maximum loan amount eligibility for airlines under ECLGS 3.0 to 100 per cent of their fund based or non-fund based loan outstanding or Rs 1,500 crore, whichever is lower; and of the above, Rs 500 crore shall be considered, based on equity contribution by the owners.