Jet Airways may fly in the sky again from summer of 2021: Report
Jet Airways, which was grounded in April 2019 as it ran out of cash and failed to get emergency funding, will resume as a full-service airline in summer of 2021, according to a report by Business Standard, quoting sources.
The new owners of the carrier plan to operate the airline with a strong presence in the domestic market while connecting prominent European and West Asian cities with Delhi, Mumbai, and Bengaluru. The source told the publication that Jet will remain listed.
According to the report, Murari Lal Jalan, the businessman who led the winning consortium for Jet, plans to hold more than 51 per cent stake in the airline.
