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Fate of Jet Airways International operations lies In DGCA report

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Published : Apr 12, 2019, 8:09 AM IST

Updated : Apr 12, 2019, 12:32 PM IST

The government is likely to review Jet Airways' eligibility to continue its international operations after it gets a report from the regulator DGCA on the issue, a top ministry official said on Thursday.

Jet Airways

Mumbai: The government is likely to review Jet Airways' eligibility to continue its international operations after it gets a report from the regulator DGCA on the issue, a top ministry official said Thursday. On the verge of going belly up amid an acute cash crunch, the airline has reduced its fleet to just 14 planes as of Thursday, way down from 123 planes in operations at the peak.

"We have sought for all the details from Jet. The DGCA has asked for the details. After we get those details, we will see to it," aviation secretary Pradeep Singh Kharola told PTI over the phone, when asked whether the ministry is planning to review Jet's eligibility to continue its international operations in view of the almost negligible fleet.

Jet Airways, which is currently under the management control of the SBI-led consortium of lenders, has been struggling to carry out operations as most of its fleet are grounded due to payment issues. The government rules stipulate an airline must have at least 20 planes for operating international operations.

Also read : Naresh Goyal pledges 26 % stake in Jet Airways for loans

Of the 14 aircraft that it is operating as of Thursday, eight are wide-body B777s (seven) and an A330, generally used for long-haul international operations. The remaining six planes are three B737s, which are largely used for flying on domestic routes besides on short-haul international routes and the rest three are regional ATRs.

Mumbai: The government is likely to review Jet Airways' eligibility to continue its international operations after it gets a report from the regulator DGCA on the issue, a top ministry official said Thursday. On the verge of going belly up amid an acute cash crunch, the airline has reduced its fleet to just 14 planes as of Thursday, way down from 123 planes in operations at the peak.

"We have sought for all the details from Jet. The DGCA has asked for the details. After we get those details, we will see to it," aviation secretary Pradeep Singh Kharola told PTI over the phone, when asked whether the ministry is planning to review Jet's eligibility to continue its international operations in view of the almost negligible fleet.

Jet Airways, which is currently under the management control of the SBI-led consortium of lenders, has been struggling to carry out operations as most of its fleet are grounded due to payment issues. The government rules stipulate an airline must have at least 20 planes for operating international operations.

Also read : Naresh Goyal pledges 26 % stake in Jet Airways for loans

Of the 14 aircraft that it is operating as of Thursday, eight are wide-body B777s (seven) and an A330, generally used for long-haul international operations. The remaining six planes are three B737s, which are largely used for flying on domestic routes besides on short-haul international routes and the rest three are regional ATRs.

ZCZC
URG COM ECO ESPL
.MUMBAI BCM13
JET-INTERNATIONAL-OPS
Govt awaits DGCA report to take a call on Jet eligibility for
international ops as fleet size shrinks to 14
         Mumbai, Apr 11 (PTI) The government is likely to
review Jet Airways' eligibility to continue its international
operations after it gets a report from the regulator DGCA on
the issue, a top ministry official said Thursday.
         On the verge of going belly up amid acute cash crunch,
the airline has reduced its fleet to just 14 planes as of
Thursday--way down from 123 planes in operations at the peak.
         "We have sought for all the details from Jet. The DGCA
has asked for the details. After we get those details, we will
see to it," aviation secretary Pradeep Singh Kharola told PTI
over phone, when asked whether the ministry is planning to
review Jet's eligibility to continue its international
operations in view of the almost negligible fleet.
         Jet Airways, which is currently under the management
control of the SBI-led consortium of lenders, has been
struggling to carry out operations as most of its fleet are
grounded due to payment issues.
         The government rules stipulate an airline must have at
least 20 planes for operating international operations.
         Of the 14 aircraft that it is operating as of
Thursday, eight are wide-body B777s (seven) and an A330--
generally used for long-haul international operations. The
remaining six planes are three B737s, which are largely used
for flying on domestic routes besides on short-haul
international routes and the rest three are regional ATRs. PTI
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Last Updated : Apr 12, 2019, 12:32 PM IST
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