If all goes well for Kalrock-Jalan consortium, Jet Airways could resume operations by summer next year
The consortium of Gulf-based businessman Murari Lal Jalan and London’s Kalrock Capital Monday said it aims for defunct airline Jet Airways NSE 4.97 % to resume operations by the summer of 2021.
The airline will retain the Jet Airways brand.
“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 would be back in the skies by the Summer of 2021,” said a statement.
