Business Standard

Kalrock-Jalan consortium starts work to fly crisis-hit Jet Airways again

Jet suspended operation in April 2019 & its permit is not valid

Jet Airways

The committee will function as a quasi-board and look after all corporate actions and compliances

Aneesh Phadnis Mumbai
The Kalrock-Jalan consortium is putting together a team of key executives in engineering and operations for recertification of Jet Airways’ operating permit.

Jet suspended operations in April 2019 and its operating permit is no longer valid. 

The airline’s new management will have to appoint key executives in engineering, flight safety, operations and security. It will have to update all operations manuals and undergo a regulatory audit before securing permission to start operations.

Security clearance of new board members and vetting of shareholding would also be done by the government to ensure that effective control rests with the Indian promoters.


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First Published: Jun 22 2021 | 10:50 PM IST

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