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.
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