Business Standard

Jalan-Kalrock Consortium has missed flight to relaunch Jet Airways: Experts

Changed conditions and consolidation in domestic market have made airline's revival a tougher challenge, they say

Jet Airways
Premium

Photo: Bloomberg

Aneesh Phadnis Mumbai

Listen to This Article

The Jalan-Kalrock Consortium (JKC) has said it is committed to restart Jet Airways and is looking for a new chief executive officer to replace Sanjiv Kapoor whose term ended on Friday.

Revival, however, will not be easy even if the consortium quickly secures control of the grounded airline, feel industry experts. This is due to changed market conditions and consolidation in the domestic market.

“Jet Airways has lost an opportunity to re-establish itself. There was space in the market for a second full-service airline after Air India. Go First is facing engine issues and SpiceJet has financial challenges and these

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 30 2023 | 8:14 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com