Jalan-Kalrock consortium plans to operationalise Jet by summer 2021

The consortium said that if it receives the NCLT and regulatory approvals on time, Jet Airways will be back in the skies by the Summer of 2021.

New Delhi: The consortium led by Murari Lal Jalan and Kalrock Capital on Monday said that it plans to operationalise Jet Airways by the summer of 2021, subject to certain conditions. Accordingly, the consortium has announced the revival of Jet Airways as a full-service carrier.

"The Jet 2.0 programme is aimed at reviving the past glory of Jet Airways, with a fresh set of processes and systems to ensure greater efficiency and productivity across all routes," the consortium said in a statement.

As per the resolution plan, Jet Airways intends to operate all of its historic domestic slots in India and restart international operations.

"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," the statement said.

According to the statement, consortium's vision is to regain the lost ground, set new benchmarks for the airline industry with the tag of being the best corporate full-service airline operating on domestic and international routes.

"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 said.

"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 Tier 3 cities in India."

(IANS Report)