Jet Airways gets new owner

The administrators of bankrupt carrier Jet Airways have accepted a bid by Murari Jalan and Florian Fritsch. Their consortium bid was chosen by 99% over the a rival bid by a consortium led by new Indian carrier FlyBig.

Once it gets final approval, the plan is to revive the airline, but no further details are currently unknown about the when and how. Currently, the airline still owns nine aircraft; one A330-200, two B737-800s, one B737-900 and five B777-300ERs.

Jet Airways was founded on 1 April 1992 and went out of business on 22 May 2019.