The Jalan-Kalrock Consortium, the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA). The move paves the way for the grounded passenger carrier to revive its services in India.
Jet Airways (AP)
{{^htLoading}} {{/htLoading}}
The renewal of AOC revalidates the confidence of the Indian Aviation Regulator in the revival of Jet Airways, the airline said.
“JKC expresses its heartfelt gratitude to the aviation regulator, the Ministry of Civil Aviation, and all other stakeholders, in showcasing their faith in JKC and in the revival of Jet Airways,” the Jalan-Kalrock consortium said.
“The Jalan and Kalrock Consortium remains fully dedicated to the revival of Jet Airways and is committed to implementing a comprehensive strategy to ensure the airline's success. JKC will continue to work closely with all relevant authorities, industry partners, and stakeholders in reviving Jet Airways in coming weeks,” it said in a statement.
About Jet Airways
Launched in 1993, Jet Airways became synonymous with premium air travel for discerning travellers in India.
{{^htLoading}} {{/htLoading}}
{{^usCountry}}
Before suspending operations in April 2019, Jet Airways flew to more than 65 destinations in India and worldwide with 124 narrow and wide-body aircraft.
{{/usCountry}}
{{#usCountry}}
Before suspending operations in April 2019, Jet Airways flew to more than 65 destinations in India and worldwide with 124 narrow and wide-body aircraft.
{{/usCountry}}
Jet Airways is being revived under the Insolvency and Bankruptcy Code as per the National Company Law Tribunal.
The (NCLT) approved the resolution plan of the Jalan Kalrock Consortium. In a first in Indian aviation history, an airline is being revived under its name after being grounded for an extended period.
Jet Airways said in its new avatar, it will be the country's most people-focused and customer-friendly airline. It will be a 'smart' full-service carrier with a two-class cabin configuration, including a business class cabin designed to global standards and an evolved new-generation economy class that offers customers what they most value.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Home/Business/DGCA renews air operator certificate of Jet Airways: Consortium
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe