Jet Airways to resume domestic operations in early 2022, short international flights by 2nd half

Mangalore Today News Network

New Delhi, Sep 13, 2021: Jet Airways is all set to resume domestic operations in the first quarter of 2022, according to the Jalan Kalrock Consortium, the successful resolution applicant of Jet Airways. The first flight is expected to be from New Delhi to Mumbai.

 

The consortium said 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.

Senior Members of the Jalan Kalrock Consortium along with Jet 2.0 Operations Team, led by the newly appointed Capt. Sudhir Gaur, Accountable Manager, and acting CEO visited key airports last month and held productive meetings with them.

In a statement released by Jalan Kalrock Consortium, Murari Lal Jalan, Lead Member of the Jalan Kalrock Consortium and the proposed Non-Executive Chairman of Jet Airways said “We received the NCLT (National Company Law Tribunal) approval in June 2021, and since then we have been working closely with all concerned authorities to get the airline back in the skies."

Jalan added Jet Airways 2.0 aims at restarting domestic operations by Q1-2022, and short haul international operations by Q3/Q4 2022.

The consortium’s plan is to have over 50 aircraft in three years and more than 100 in 5 years, he noted. "The aircraft are being selected based on competitive long term leasing solutions," Murari Lal Jalan said.

In its statement, the consortium said the revival plan for Jet Airways is being implemented as approved by NCLT and all the creditors will be settled as per the plan in the coming months.

Sharing operational details, the new Accountable Manager and acting CEO of Jet Airways, Capt. Sachin Gaur said “Jet Airways is a brand which has grown bigger and stronger over the last two decades. In its new avatar, Jet Airways will now be headquartered in Delhi NCR with its senior management working from the Corporate Office at Gurugram. However, Jet Airways will continue to have strong and significant presence in Mumbai where it will work from its ‘Global One’ office in Kurla. Jet Airways also has a state-of-the-art training centre located at Global One, which will be retained and used for in-house training for the Jet Airways team.”

Adding further, Capt Gaur said, “We will start with domestic operations on an all narrow-body aircraft fleet leased from major global aircraft lessors who have approached us, and with whom we continue to engage. Jet Airways has already hired 150+ full time employees on its payroll and we are looking to onboard another 1,000+ employees FY 2021-22 across categories" He added, "The hiring will be in a phased manner and will be strictly on merit, to meet the operational requirements of the airline."

In June earlier this year, the National Company Law Tribunal had approved a resolution plan submitted by the Kalrock Capital and Murari Lal Jalan consortium.

The airline had suspended operations in April 2019 due to financial distress and had been undergoing a resolution process under the Insolvency and Bankruptcy Code for two years.

Courtesy:India Today