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Path to restart Jet Airways operations tough, uncertain, says expert

He also said that the "terms" accepted by the Jet Airways creditors did not make sense to CAPA

Jet Airways
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At the peak of its operations, Jet Airways had little over 120 planes. When the operations came to a halt due to mounting debt woes and unpaid salaries, the airline had around 16 own planes.

Press Trust of India Mumbai

The path to recommence operations of the grounded Jet Airways is very tough and uncertain despite the committee of creditors (CoC) approval of the airline's revival plan submitted by the Kalrock Capital-Murari Lal Jalan consortium, aviation advisory and research practice CAPA India head Kapil Kaul has said.

The plan was approved after the conclusion of the e-voting on the proposal, Jet Airways RP (resolution professional) Ashish Chhawchharia had informed the BSE on Saturday.

After failing to get funds even for daily operations, the then cash-strapped airline announced temporary suspension of services on April 17 last year and the last flight S2-3502 that