Jet Airways will now revive operations under India’s bankruptcy law, and it will be the first Indian carrier to do so!
It will reportedly revive operations in September this year.
The airline has been given the airline operating permit (AOP, or license) by the Directorate General of Civil Aviation (DGCA). This permit has been given under its new promoters and a new management team. The new promoter is the Jalan-Kalrock consortium.
It was in April 2019 when the airline had suspended its operations, and now, it is looking at resuming scheduled commercial flights in the coming months.
The new promoter will “recommence commercial operations in the next quarter of this year (July-September 2022). Aircraft and fleet plan, network, product and customer value proposition, loyalty program, and other details will be unveiled in a phased manner over the coming week.”
As per the grant of AOP, the consortium fulfills all the conditions precedent under the NCLT approved Resolution Plan.”
As per Jet CEO Sanjiv Kapoor, “We will combine the best of what Jet Airways was known for 25 years, with exciting new ideas to set the bar even higher.”
As per the statement, additional senior management appointments will be announced next week. Additionally, hiring for operational roles will also begin soon, and Jet Airways staff will be selected on priority.
Jet Airways Completes Second And Final Set Of Two Proving Flights
We recently reported that Jet Airways has completed the second and final set of two proving flights. The flight had 31 people on board, including officials from the aviation regulator DGCA. Proving flights is the last step before the airline can be granted an air operator certificate.
A total of five landings (five flights) have to be done by the aircraft to successfully complete its proving flights.
The first of the three proving flights using the carrier’s Boeing 737 plane was conducted on the Delhi-Mumbai route. The second one was scheduled to return to Delhi, but after it departed from Mumbai DGCA officials told the pilots to divert to Ahmedabad.
This is not unusual, since the DGCA diverts aircraft during proving flights to test the readiness of a new airline in handling such situations. It safely landed in Ahmedabad, and sometime after that the third flight was conducted on the Ahmedabad-Delhi route.
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