Jet Airways which ceased operations in April 2019 is now all set to resume its operations in the first quarter of 2022. The airways shuttered its operations amid financial crisis but later it decided to have over a hundred aircraft in five years. The airways will operate under new owners- the Jalan-Kalrock consortium.
The airline will be headquartered in Delhi and operate its first flight on the Delhi-Mumbai route, said the Jalan-Kalrock consortium. Kalrock-Jalan’s plan to revive the airline was approved by The National Company Law Tribunal on June 22. According to news reports, the airways will resume domestic operations first, and later it will be expanding to short-haul destinations in the second half of the year.
Mr. Jalan in his statement said “It is the first time in the history of Aviation that an airline grounded for more than 2 years is being revived. After the revival, we are looking forward to being a part of this historic journey.”
Jalan further added that the consortium has hired around 150 employees and is in discussion with aircraft lessors. Jalan said, “we are aiming to have 50 aircraft three years after commencing operations, which will grow to 100 examples in five years.”
Boeing 737s, 777s, as well as Airbus A330s were operated by the jet before the shut of its operation in 2019. Apart from this, the company also waiting to get slot allocation, required airport infrastructure, and night parking for its jets.