Jet Airways gets certificate to resume commercial flight operations

The airline intends to recommence commercial operations in July-September quarter.

Jet Airways has received the regulatory nod to restart operations.

On Friday it received the revalidated air operator certificate (AOC) from the DGCA, fulfilling all the conditions under the National Company Law Tribunal approved resolution plan.

"Jet Airways intends to recommence commercial operations in the next quarter of this year (July-September). Aircraft and fleet plan, network, product and customer value proposition, loyalty program, and other details will be unveiled in a phased manner over the coming weeks. Additional senior management appointments will be unveiled next week, and hiring for operational roles will also now commence in earnest, with former Jet Airways staff getting preference wherever possible," the airline said in a statement.

The airline has appointed aviation sector veteran Sanjiv Kapoor as its CEO and former chief executive of Sri Lankan Airlines Vipula Gunatilleka as its CFO.

Last June the NCLT cleared the Kalrock Jalan consortium’s plan to revive Jet Airways which shut operations in April 2019.

Murari Lal Jalan, lead member of Jalan-Kalrock Consortium, said: “Today marks a new dawn for not just Jet Airways, but also for the Indian aviation industry. We are now at the brink of creating history by bringing India’s most-loved airline back to the skies. We are committed to making this an extraordinary success story in Indian aviation and in Indian business."

"We will combine the best of what Jet Airways was known for 25 years, with exciting new ideas to set the bar even higher," Kapoor added.

The grant of the AOC was the final step in a comprehensive regulatory and compliance process involving several procedural checks for the airline’s operational readiness. The process concluded with the airline operating proving flights earlier this week.