Jet gets back flight permit
Jet Airways is ready to fly again after a gap of three years. The Directorate General of Civil Aviation (DGCA) on Friday granted Jet the air operators certificate.
The airline plans to resume commercial flights from the July-September quarter. Once India’s biggest private carrier, Jet stopped flying in April 2019 after running out of cash, owing billions to lenders and leaving thousands without jobs. The airline is set to become the first carrier to revive its operation under the bankruptcy law.
“With the receipt of AOC (air operator certificate), the Jalan Kalrock consortium has fulfiled all the conditions precedent under their NCLT approved resolution plan. This significant milestone paves the way for the comeback of the iconic airline in a new avatar with fresh funding, changed ownership and new management,” the consortium said in a statement.
