Jet Airways may restart domestic and international operations in 2021

Jet Airways Ltd, the full-service airline which went bankrupt last year could be back in the skies in 2021 as the new promoters, Murari Lal Jalan and Kalrock Capital, propose to begin domestic and international operations with all the slots that were available to the airline before it suspended operations.

The promoters intended starting a new airline but chose to stick to the same brand amid the existing brand value, connect with the commuters and important flight slots in different airports. As per the plan, Jet Airways intends to operate all of its historic domestic slots in the country and restart international operations.

The statement read, “If everything goes as per plan and the consortium receives the NCLT and regulatory approvals on time, Jet Airways will be back in the skies by the Summer of 2021.”

According to the statement, consortium’s aim is to regain the lost ground, set new benchmarks for the airline industry. “The Jet 2.0 hubs will remain Delhi, Mumbai, and Bengaluru like before. The revival plan proposes to support Tier-2 and Tier-3 cities by creating sub-hubs in such cities,” the statement further adds.

It concludes, “This will boost the economy in these cities, help Jet Airways stand back on its feet fast, and support the overall vision of the Indian government to promote aviation business through Tier 2 and 3 cities in India.”