Jet Airways will resume operations in the first quarter of 2022 and have over hundred aircraft in five years, the Kalrock-Jalan consortium said in a statement on Monday.
The airline will be headquartered in Delhi and operate its first flight on the Delhi-Mumbai route, it added.
The National Company Law Tribunal (NCLT), on June 22, approved the Kalrock-Jalan plan to revive the airline, which shut operations in April 2019. The consortium has hired around 150 employees and is in discussion with aircraft lessors. Process for revalidation of the airline’s operating certificate is under way and the consortium is also in talks with airports for night parking facilities and slots.