Defunct airline Jet Airways will resume domestic operations in Q1 2022, the Jalan Kalrock Consortium said on September 13.
“The process of reviving the grounded carrier is on track with the existing Air Operator Certificate (AOC) already under process for revalidation. The Consortium is working closely with the relevant authorities and airport coordinators on slot allocation, required airport infrastructure, and night parking”the consortium
The airline, which was grounded in April 2019, will resume operations after more than two years.
The consortium of Kalrock Capital and Murari Lal Jalan had won the bid for the airline in October 2020.
The Kalrock-Jalan resolution plan had been approved by the NCLT on June 22. The Mumbai bench of the NCLT had given the Directorate General of Civil Aviation (DGCA) and the Ministry of Civil Aviation (MCA) 90 days from June 22 to allot slots to Jet Airways.
Information credits moneycontrol.
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