Jet Airways to take to the skies again, to restart commercial flights from JAS quarter
By MYBRANDBOOK
Jet Airways, one of the biggest players in the Indian airline industry once, will soon be able to take to the skies again. The aviation regulator, Directorate General of Civil Aviation (DGCA) on Friday granted it a revalidated Air Operator Certificate (AOC), allowing it to resume commercial flight operations. The DGCA chief Arun Kumar on Friday told PTI that AOC has been granted to the airline.
The airlines saw turbulent times before being grounded three years ago.
The airline was owned by Naresh Goyal and had operated its last flight on April 17, 2019, due to financial distress. The Jalan-Kalrock Consortium is currently the promoter of Jet Airways.
The airline intends to restart commercial flight operations in the July-September quarter. It had successfully operated five proving flights on May 15 and 17 with DGCA officials on board. Proving flights are the last step before an airline can obtain an AOC.
In a statement, Jet Airways said with the receipt of the AOC, the Jalan-Kalrock Consortium has fulfilled all the conditions under the resolution plan approved by the National Company Law Tribunal (NCLT).
“Aircraft and fleet plan, network, product and customer value proposition, loyalty program, and other details will be unveiled in a phased manner over the coming weeks,” it noted.
Additional senior management appointments will be unveiled in the next week, and hiring for operational roles will also now commence in earnest, with former Jet Airways staff getting preference wherever possible, it said.
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Paytm brings UPI Lite Wallet for low-value transactions
Paytm’s parent company One97 Communications (OCL) is emphasizing upon UP...
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
AMARA RAJA POWER SYSTEMS LTD.
EXIDE INDUSTRIES LTD.
LUMINOUS POWER TECHNOLOGIES PVT. LTD.
JUVAS SOLUTIONS PVT. LTD.
Technology Icons Of India 2023: Girish Mathrubootham
Girsh Mathrubootham envisioned and co-founded Freshworks. Freshworks, ...
Technology Icons Of India 2023: Josh Foulger
Josh is the Country Head of India and MD of Bharat FIH Ltd (A Foxconn ...
Technology Icons Of India 2023: Anant Maheshwari
As President of Microsoft India, he is responsible for Microsoft’s o...
BEL leveraging next generation technologies to keep the country ahead in Defence space
Bharat Electronics Limited (BEL) is a Navratna PSU under the Ministry ...
ITI Limited widening its focus area
ITI Limited is a public sector undertaking company, has manufacturing ...
NPCI leading India towards Digital payments
The National Payments Corporation of India (NPCI) is an initiative tak...
TEXONIC INSTRUMENTS
Texonic has carved a niche for itself in the Technology Distribution i...
ADITYA INFOTECH LTD.
Aditya Infotech Ltd. (AIL) – the technology arm of Aditya Group, is ...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...