After Jet Airways suspended operations temporarily on Wednesday, the question that arises is what are the chances of the airline taking to the skies again in the immediate future.
According to experts, if the airline has to start operations, then it needs to find a new investor with deep pocket in the next six months, latest by October. A former DGCA official told BusinessLine that this is because if an airline is to restart operations in a reasonable time frame (taken to be six months), then the regulatory process for allowing it to start operating again is fairly simple.
However, if the airline cannot do so in the reasonable time frame and it remains not operational for longer, then it is reviewed under CAP 3100 of DGCA before it is allowed to restart operations. This involves a five-stage process that includes a pre-application phase during which it is ensured that the applicant has a clear understanding of the certification process and is able to provide a firm basis on which the DGCA can start planning allocation of resources for the revalidation of an Air Operator Certificate.
