Business

Jet Airways to resume domestic services by 2022

Jet Airways to resume domestic services by 2022

TIL Desk/Business/New Delhi/ Jet Airways will restart domestic operations by the first quarter of 2022 and short haul international flights by the last quarter of the next year, Jalan Kalrock Consortium, the winning bidder for the grounded airline, stated on Monday. The first flight of Jet Airways would be on Delhi-Mumbai route, it mentioned, adding that the airline would now be headquartered in Delhi instead of Mumbai.

The National Company Law Tribunal (NCLT) in June this year had approved the Jalan Kalrock Consortium’s resolution plan for Jet Airways, two years after the once-storied full-service carrier went into insolvency proceedings. In a statement, Murari Lal Jalan, Lead Member of the Jalan Kalrock Consortium, said, ‘Jet Airways 2.0 aims at restarting domestic operations by Q1-2022, and short haul international operations by Q3/Q4 2022.’

Our plan is to have 50-plus aircraft in three years and 100 plus planes in five years, which also fits perfectly well with the short-term and long-term business plan of the Consortium, he noted. ‘The aircraft are being selected based on competitive long term leasing solutions. It is the first time in the history of aviation that an airline grounded for more than two years is being revived and we are looking forward to being a part of this historic journey,’ he said.

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