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HomeNewsJet may fly again in four months after new management takes over

Jet may fly again in four months after new management takes over

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New Delhi, Oct 20 : The much-awaited Jet Airways’ resolution is finally heading towards a success, with the resolution plan of Kalrock Capital and Murari Lal Jalan having been approved by the National Company Law Appellate Tribunal (NCLT).
Now, after the resolution process has been completed and the Kalrock-led consortium takes over the airline, the first task would be to retrieve its slots which were temporarily distributed among other players.
The airline is expected to fly again in around four to six months.
Speaking to IANS, Ashish Mohanty, President of Jet Aircraft Maintenance Engineers Welfare Association (JAMEWA) said that Jet’s first flight may be in about four months after the takeover by the new owners.
He said that the 12 aircraft of the airline which have been grounded for the past 18 months need to be restored after maintenance and made operational.
“Jet has always been a really good brand and we have been hopeful that it get new owners, it will take off in just three to four months,” he said.

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