Jet Airways hopes to relaunch in August

The new owners of Jet Airways, the Kalrock-Jalan consortium, hopes to relaunch the airline and resume operations in August 2021. The airline is awaiting final clearance from the National Company Law Tribunal and also is waiting on clarity from the Directorate General of Civil Aviation regarding its slots. The relaunch hinges on the slots that have been temporarily reallocated by the DGCA to other airlines when Jet Airways ceased operations.

The restarted airline will have its base at New Dehli and plans to fly a fleet of 25 aircraft. Up to twenty of these will be narrowbodies and the remaining will be widebodies. Currently, the airline has fourteen aircraft still on the books; two A330-200s, two B737-800s, one B737-900, three B737-8s and six B777-300ERs. The new owners have, however, said that Jet Airways would launch with leased aircraft.

When the NCLT approved the take-over, the consortium will own 89,79% of Jet Airways, 9,5% will be owned by banks, 0,5% by employees and the remaining 0,21% will be publically traded.

Photo by Anton Homma.