Jet Airways jumps 5% on hopes on revival of operations by summer of 2021

MUMBAI: Jet Airways (India) hit the upper circuit as it jumped 5 per cent on hopes the airline will get operational by the summer of 2021.

At 9:43 am, Jet Airways was up 5 per cent at Rs 75.60, while Sensex was trading 0.49 per cent higher at 45,648.27 points.

The consortium of UAE-based businessman Murari Lal Jalan and London’s Kalrock Capital – which has won the bid to revive Jet Airways – on Monday said it expects to start operating the airline by the summer of 2021.

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