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Gurugram, 23May 2022: The Jalan Kalrock Consortium announced new appointments for the Jet Airways leadership team, as the airline prepares to make a comeback with fresh funding, changed ownership, and new management. The following accomplished individuals have been appointed: • Prabh Sharan Singh, Chief Digital Officer • HR Jagannath, Vice President – Engineering • Mark Turner, Vice President – Inflight Product and Services • Vishesh Khanna, Vice President – Sales, Distribution, and Customer Engagement Sanjiv Kapoor, Chief Executive Officer, said: “We are delighted to welcome these extremely talented and experienced leaders to the Jet Airways family.All of us in the senior management team of Jet Airways share many things in common, the most important of which is our joint sense of purpose and passion of rebuilding Jet as India’s most people-focused and loved airline, updated for the digital age. This stellar team is deeply committed to bringing the ‘joy of flying’ back to the skies, and I am looking forward to working with them to create history.” NEW MEMBERS JOINING THE SENIOR LEADERSHIP TEAM Prabh Sharan Singh (Chief Digital Officer) takes charge on 1 June 2022. Prabh will head the IT and Digital division and lead the creation of a modern technological and digital ecosystem for Jet Airways, focused on providing a simplified and consistent experience to internal and external users on all IT and digital platforms. Currently Senior Vice President at WNS Global Services, Prabh is a Digital Transformation executive with years of leadership experience in driving digital strategies and automation levers. HR Jagannath(Vice President – Engineering)takes charge on 23 May 2022. He will lead Jet’s engineering and maintenance team and brings with him over 40 years of aviation experience.Jagannath most recently served as Chief Executive Officer of Air India Engineering Services (Air India’s MRO subsidiary). Mark Turner (Vice President – Inflight Product and Services)takes charge on 15 June 2022. Mark will play a key role in defining and shaping the infight customer experience of Jet Airways.Mark led Jet Airways’ inflight services team between 2008 and 2011, a phase of rapid growth at Jet Airways. Vishesh Khanna (Vice President – Sales, Distribution, and Customer Engagement)takes charge in July 2022. Vishesh joins the airline from VFS Global Ltd, where he currently serves as Business Head e-Visa. He has nearly 30 years of experience in the aviation and travel sectors across B2C and B2B sales, having held executive positions at various airlines in the past. Earlier this year, JKC appointed Sanjiv Kapoor as CEO,Vipula Gunatilleka as CFO, Capt. PP Singh as Vice President- Flight Operations and Accountable Manager, Alphonso Dass as Vice President – Airports & Airport Training, Nakul Tuteja as Vice President – Human Resources & Administration, and Ronit Baugh as General Manager & Head of PR and Corporate Communications. Last week, Jet Airways received its revalidated Air Operator Certificate (AOC) from DGCA enabling the airline to resume its scheduled commercial operations in India. The airline intends to recommence commercial operations in the next quarter of this year (July-September 2022).

New Delhi, 29th April 2022: The government has finalised disinvestment for state-owned helicopter service provider Pawan Hans Ltd.An empowered cabinet group picked Star9 Mobility Private Ltd as winner for buying 51% stake in Pawan Hans.The value of sale is of Rs 211.14 CR.Star9 Mobility Pvt.Ltd is a consortium of Big Charter Pvt Ltd lead by Capt Sanjay Mandaviya(26%),Maharaja Aviation Pvt.Ltd(25%)& Almas Global Opportunity Fund SPC(49%),Cayman Island based and managed by UAE’s Almas Capital.The rights will remain with the Indian partner & base will remain at Rohini Heliport,Delhi. According to the press release issued by PIB, the government’s stake sale was approved by the Cabinet Committee on Economic Affairs, comprising union ministers Nitin Gadkari, Nirmala Sitharaman, and Jyotiraditya M Scindia. The government had received three financial bids for its stake in Pawan Hans. The Employees’ Union of Pawan Hans, Global Vectra Helicorp and Heligo Charters were widely expected to bid for the company.Pawan Hans is expected to report a net loss of Rs 100 crore in both 2020-21 and 2021-22 after reporting a loss of Rs 28.08 crore in 2019-20 and Rs 69.2 crore in 2018-19. The state-run helicopter operator had also reported a fall in revenue to Rs 346 crore in FY20 from Rs 381 crore in FY19, according to the information memorandum document floated by the government to invite expressions of interest to invest in the company in 2020.

Kuwait, April 25, 2022: Jazeera Airways has announced net profit of KD3.8 million for the first quarter (Q1) of 2022, compared to a net loss of KD5.2 million in the first quarter of 2021. Total revenue for the quarter reached KD35.7 million, up 339.2%, while operating profit stood at KD5.3 million, up 199.3%. These record earnings were supported by close to sixfold increase in number of passengers with restrictions at Kuwait International Airport being eased and travel capacity gradually increased to levels near to the pre-pandemic period. Similarly, load factor reached 75.2%, an increase of 28.7%. Commenting on the results, Jazeera Airways Chairman, Marwan Boodai said,“The gradual return of travel capacity at Kuwait International Airport since the second half of last year as well as the lifting of travel restrictions worldwide have shown that there is indeed a latent and strong appetite for travel. Jazeera has focused in the first quarter on expanding its services and capacity in preparation of the launch of new tourist and high demand destinations during the year, all supported with a strong financial position and a cautious strategy to mitigate the risks of recent geopolitical developments.” In comparison, during Q1 2019 before the start of the Covid-19 pandemic, Jazeera had reported a net profit of KD1.5 million and flown 529.6 thousand passengers. Q1 2022 performance shows strong resilience in the commercial travel, as well as positive sentiment to the sector for 2022 and beyond. First Quarter 2022 Review Jazeera Airways achieved a new milestone as an “Approved Training Organization” certified by Kuwait’s Directorate for Civil Aviation, enabling the airline to conduct training programs for pilots and cabin crews from its headquarters in the State of Kuwait. The move enables the airline to expand its capabilities to train the required manpower for future growth. The airline has also been certified to conduct performance of line maintenance on its aircraft; a certification that increases its operational efficiency significantly. Jazeera also inaugurated the VIP service, which offers the first private terminal experience at Kuwait International Airport, serving departing and arriving passengers traveling on airlines operating from Terminals 1 and 5 and for general aviation and private jets. The VIV Terminal gives passengers the benefits of a private check-in reception and handling services. Additionally, Jazeera Airways also continued to grow its network with the launch of a new service to the coastal city of Chittagong in Bangladesh. The service is the second for the airline to Bangladesh following the launch of Dhaka in October 2020, serving over 200,000 Bangladeshi nationals living in Kuwait and connecting to more passengers across the GCC region. 2022 Outlook Jazeera has announced plans to launch new routes ahead of the summer season to cater to high tourist demand. The airline has confirmed the launch of routes to Vienna and Prague in June, in addition to other destinations that will be announced during the year.

New Delhi, 25th April 2022: The Ministry of Civil Aviation and Govt. of Himachal Pradesh signed an MoU for development of a Green Field Airport in Nagchala, Mandi District of Himachal Pradesh.Signing Ceremony was graced by Civil Aviation Minsiter Jyotiraditya  Scindia and Jai Ram Thakur, CM of Himachal Pradesh along with senior officials from AAI, MoCA and state govt. officials of Himachal Pradesh including Rajiv Bansal, Secretary, MoCA, Sanjiv Kumar, Chairman, AAI, Rubina Ali, JS, MoCA, Ram Subhag Singh, CS, Govt. of Himachal Pradesh,Devesh Kumar, Principal Secretary, Tourism and Civil Aviation, Dinesh Guleria, ATDO, Govt. of Himachal Pradesh, AK Pathak, Member (Planning), AAI, K. Vinayak Rao, Member (Finance), M. Suresh, Member (ANS), AAI, and Ms V. Vidhya, ED (JVC/PPP). The new greenfield airport at Nagchala, Mandi is being developed under the Greenfield Airport Policy of MoCA and a Joint Venture Company between State Government of Himachal Pradesh and Airport Authority of India has been formed. The projected land requirement for airport is 515 acres approx. and the project is estimated to cost around Rs 900 crore excluding the cost of land. Speaking on the occasion, Scindia said, “We are committed to provide last mile connectivity to the people of Himachal Pradesh. With this aim in mind, we are developing new aviation infrastructure as well as upgrading existing facilities in Himachal Pradesh whether it is development of new green field airport in Mandi or acquisition of additional land for extension of runways at existing airports. With this, we are committed to develop civil aviation as a harbinger of economic development for the region.” There are 3 airports i.e. Shimla, Kullu, & Kangra and 5 heliports i.e. Kangnidhar, Shimla, Rampur, Baddi, and SASE(Manali) in Himachal Pradesh that are developed or being developed which would give a massive boost to tourism industry of the state once completed.

New Delhi: Cathay Pacific, Hong Kong based airline has appointed Rakesh Raicar as the airline’s new Regional General Manager for South Asia, Middle East and Africa (SAMEA).Raicar who has over 30 years of experience working with Cathay Pacific, will take over from his predecessor, Mark Sutch. Based in Mumbai, India, Raicar would be responsible for the growth of the airline’s business and operations in the said regions. Raicar began his career with Cathay Pacific in 1992 and has held several roles through the course of his tenure including Regional Marketing & Sales Manager, South Asia and Country Manager, South Africa and Indian Ocean. His most recent role was General Manager – South West Pacific where he led all aspects of the company’s business for the region. Commenting on the development, Rakesh Raicar said, “My journey with Cathay Pacific has been very enriching. I began with my career with the airline in India and it is a privilege to once again be part of this wonderful team. Cathay Pacific has always seen SAMEA as an important region in the network to grow our passenger and cargo business.” “As an airline with a vision to be one of the world’s greatest service brands, we continue to stay true to our brand ethos and move forward for our customers and partners by offering them a series of enhancements and services across our business verticals.”

New Delhi, 6th April 2022: AirAsia has announced resumption of flights from India to Malaysia and Thailand with few sectors already operational from 1st April onward. In total, six new routes from India to Malaysia include Bengaluru to Kuala Lumpur (KL) and Chennai to Kuala Lumpur (commenced from 1 April 2022), Tiruchirappalli to KL( commenced from 5 April), Kochi – KL commencing 18 April, Kolkata – KL commencing 23 April and Hyderabad – KL commencing from 01 May, 2022. Five new routes launching India to Thailand will include Bengaluru-Bangkok (Don Mueang) commenced on 04th May, Chennai-Bangkok (Don Mueang) on 04th May, Kolkata-Bangkok (Don Mueang)commenced on 02nd May , Kochi-Bangkok (Don Mueang)commenced on 01st May , and Jaipur-Bangkok (Don Mueang) 01st May .Travelers can now fly with ease as quarantine requirements have been lifted. Manoj Dharmani, AirAsia’s Regional Commercial Head for India, Sri Lanka & Bangladesh, acknowledged that “AirAsia’s resumption of international flights has been highly anticipated by both the airline and its guests. With Malaysia and Thailand reopening and travel restrictions being lifted, AirAsia will be continually re-introducing international services, starting from April 2022. In this regard, India, Malaysia, and Thailand are countries with significant potential in terms of stimulating tourism and reigniting the economy. We believe that our flight resumption will bring great opportunity and support to the countries’ economic recovery.”