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Dentons Link Legal Aids Ace Aviation in ₹568 Crore Jet Airways Aircraft Acquisition

Bar & Bench
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Summary

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  • Dentons Link Legal has played a key role in assisting Malta-based Ace Aviation with its ₹568 crore acquisition of two Boeing 777-300ER aircraft.
  • Ace Aviation, part of the Challenge Group, emerged as the highest bidder for the aircraft previously owned by Jet Airways (India) Ltd.
  • The aircraft are currently parked at Delhi International Airport, marking a significant transaction in the aviation sector.
  • This acquisition could reshape Ace Aviation's operational capabilities and expand its fleet significantly.

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