Mumbai,
The Department of Aviation and the DGCA have jointly appointed a chief executive officer to deal with the matter.
The issue of Jet Airways (India) Ltd’s airline allocation could be resolved in the coming weeks by airline airline consultants, the airline department and the director general of human resources (DGCA), in the hope that there will be a peaceful resolution of the issue after several meetings, Mumbai bench was announced on Monday.
A two-judge bench consisting of Judges Janab Mohammed Ajmal and V. Nallasenapathy will hear the case on April 15.
At a previous hearing on March 24, attorneys representing UAE-based businessman Murari Lal Jalan and UK-based Karlrock Capital, the winning company of Jet Airways, requested NCLT’s permission to enter into negotiations with the air traffic controller to restore Jet Airways airports. At the time, the aviation department and the DGCA were looking for time at the NCLT to deal with the pledge filed by the Jalan-Kalrock Consortium in the airport allocation.
Jet Airways’ Jalan-Kalrock Consortium’s winning application for victory is currently pending a court of appeals.
On Monday, the NCLT was informed that the department and the DGCA were yet to submit their affidavit, which the court had asked them to do earlier, with the intention that further meetings between the relevant advisers would resolve the reservation issue.
The NCLT was also informed that the department and the DGCA have jointly appointed an official to deal with the winning constituencies, with both sides hoping for a decision in the coming weeks.
Last October, Jet Airways (CoC) lenders’ committee approved a renewal plan for the airline’s bidder. The federation has proposed an investment of ₹ 600 crore over the first two years at Jet Airways to repay creditors and take a share of 89.79% from the incumbent.
Jet Airways stops and stops, which have been redesigned on other airlines, including the busiest airports in the country such as New Delhi and Mumbai, are in high demand. Having these locations allows the planned airline to land and take off from the airport at some point
The DGCA and the airline in early March informed the NCLT that the airline would apply for a new vacancy on aircraft taken from Jet Airways when the carrier stopped operating in April 2019 when there was a lot of money.
Lawyers representing the DGCA and the department at the time said no vacancies were available immediately, but a request submitted by the consortium would be considered.
