The crisis at Jet Airways has opened a window of opportunity for rivals with existing players such as SpiceJet and IndiGo rushing to grab the slots and garner market share in the peak summer season.
With Jet Airways suspending operations, as many as 440 slots are vacant across the country. These slots will be allocated to other airlines on an interim basis through a “rational, fair and equitable” manner, civil aviation secretary Pradeep Singh Kharola said on Thursday.
However, as the revival efforts of Jet Airways is on with the bidding process, “the airline will have the first right to the slots once it revives”, Kharola said.
