Jet Airways looks into abyss as JKC fails to renew its flying permit

The Jalan Kalrock Consortium (JKC), which won the bid for Jet Airways is facing an important deadline on May 19. Jet Airways is scheduled to lose its air operator’s permit (AOP) which is issued by the Directorate General of Civil Aviation (DGCA), a Financial Express (FE) report said. Importantly, AOP is a prerequisite for any airline to commence commercial operations.

However, no request for renewal of its AOP has been submitted by Jet Airways so far. Usually, such requests are made at least one month before the AOP expires. This translates into a situation where JKC will not be able to operate Jet even after 30 months of acquiring it, the report said.