‘Restart activities are progressing well,’ say Jet Airways owners – The New Indian Express

By Express press service

NEW DELHI: With fiscal year 2022 nearing completion and there is as yet no clear timeline as to when it would conduct its maiden round two flight, the Jalan-Kalrock Consortium, new Beleaguered Jet Airways promoters said the airline’s scheduled services will restart soon.

The consortium, in a statement, said “restart activities are progressing well” and that they are in talks with the government for approvals and with aircraft lessors for aircraft.

“We are working closely with the Ministry of Civil Aviation, Government of India and Directorate General of Civil Aviation (“DGCA”) on the approval process and timelines to prove the flight, after which the certificate Jet Airways’ Airline Carrier (“AOC”) will be revalidated. Resumption of scheduled services will follow shortly thereafter,” the consortium said.

He added that restarting an airline is a complex exercise that must be done carefully, in coordination with regulatory authorities. He also said the extended deadline has nothing to do with where aircraft are registered and deregistered or the cost of leasing.

Jet had recently appointed aviation veteran Sanjiv Kapoor as chief executive and Vipula Gunatileka, the former CEO of Sri Lankan Airlines, as the airline’s chief financial officer, giving a major boost to the stimulus package of the airline. Jet has faced multiple setbacks since the consortium’s plan to relaunch it was approved by the NCLT in June 2021.

“Restarting the airline is a complex exercise”

The Jalan-Kalrock Consortium said restarting an airline is a complex exercise that needs to be done meticulously in coordination with regulators. He also said the time extension has nothing to do with where the aircraft are registered.

Source link

Richard V. Johnson