Jet Airways Will Fly, Again! Flights May Start From Summer Of 2021 | International Flights?
As per the newest reports coming in, Jet Airways now has plans to restart its operations as a full service carrier. The airlines, under new leadership, will now be restarting from the summer of 2021.
Jet Airways has had its operations suspended in April 2019 due to huge debts and bankruptcy.
Read on to find out all the details about Jet Airways restarting right here!
Jet Airways To Restart Operations By Summer 2021
The new owners of Jet Airways have confirmed the news that the airline will be restarting as a full service airline by the summer of 2021.
A consortium, led by the Dubai-based entrepreneur Murari Lal Jalan and London-based Kalrock Capital revealed a revival plan for the airline, which was submitted in October.
In a statement, the consortium has said, “The Jet 2.0 program is aimed at reviving the past glory of Jet Airways, with a fresh set of processes and systems to ensure greater efficiency and productivity across all routes.”
Jet Airways plans to operate all its historic domestic slots in the country. Additionally, the airline also hass plans to restart international flights after receiving the approval of the regulators and National Company Law Tribunal.
Jet Aiways is also planning to await the reinstatement of slots along with bilateral traffic rights.
The group has also said that if everything goes smoothly according to the plan, the consortium receives the NCLT and regulatory approvals on time, Jet Airways will be “back in the skies by the summer of 2021.”
Jet 2.0 Hubs To Remain The Same; Sub-Hubs To Be Created For Tier 2 and 3 Cities
The plan also states the vision of the owners to regain the lost ground and set up new benchmarks for the airline industry, and help the airline revive rapidly.
As per reports, the Jet 2.0 hubs will remain Delhi, Mumbai, and Bengaluru like before. The airline will also support Tier 2 and Tier 3 cities with the help of sub-hubs and boost the economy in these cities.
The Jet 2.0 plan also plans to emphasize the increasing cargo services so as to include dedicated freighter service, which is a market currently under-served by any Indian airline.
The new plan has already been approved by the airline’s creditors, which was submitted by the consortium. There are about 21,000 creditors who are seeking claims of Rs. 44000 crore and has also had almost all of its landing slots confiscated.