Jet Airways to resume operations first half of next year

Jet Airways is likely to resume operations the coming summer, announced the new promoters of the defunct airline. The Murari Lal Jalan-Kalrock Capital combine, in its first statement since winning the resolution bid, said that Jet Airways will resume as a full-service airline like before. The new promoters also clarified that Jet 2.0 will operate on all domestic slots allotted to the airline in the past, and resume international operations.

“As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in India and restart international operations. If everything goes as per plan and the consortium receives the NCLT and regulatory approvals on time, Jet Airways would be back in the skies by the summer of 2021,” the Jalan-Kalrock consortium said.

The new promoters of Jet Airways said that Delhi, Mumbai, and Bengaluru will remain the hubs for Jet 2.0 with sub-hubs in Tier 2 and Tier 3 cities. “This would boost the economy in these cities, help Jet Airways stand back on its feet fast, and support the overall vision of the Indian government to promote aviation business through tier 2/3 cities in India,” the new Jet promoters added.