Jet Airways is transferring its Dutch activities to KLM


The bankrupt Indian airline Jet Airways is transferring its Dutch activities to KLM. Jet reported this in a statement to the Indian stock market regulator. There was no mention of the assets in question. Jet did, however, say that when the deal is completed, it only concerns the sale of parts and that the shareholder structure is not affected.

Jet was once the largest airline company in India. Since April last year, Jet has stopped flying due to the financial troubles. That cost thousands of people their jobs and boosted air fares in India. Negotiations on a rescue plan with lenders, including the State Bank of India, failed.

KLM was previously a so-called codeshare partner of Jet. Since the Indian company went bankrupt, KLM has expanded its flight offer to India.

In a response, KLM says it is investigating a possible takeover of part of the Jet network. KLM and Jet had combined activities between India and Schiphol to connect India with Europe and North America. Since the bankruptcy of Jet, KLM has been trying to continue and repair this part of the route network as much as possible.

By: Oliver I. Kjeldsen

Oliver I. Kjeldsen has a corporate finance and extensive expertise in company audit. He grants us amazing insights on taxation, international affairs and friendly advice on nearly any topic of interest. His email is

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By Maurice Eisma

Recent Posts


About us

EconomicInform, is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.