Quantcast
telegraphindia.com 14 Sep, 2021 02:15 am

Jet Airways to resume operations from first quarter of 2022

Jet Airways to resume operations from first quarter of 2022
The airline was grounded in April 2019 and went into insolvency as it could not repay its rising debt

Jet Airways to resume operations from first quarter of 2022 The airline was grounded in April 2019 and went into insolvency as it could not repay its rising debt Representational image.21, 01:48 AM Jet Airways will resume operations from the first quarter of 2022 starting with domestic flights and then fly overseas by the last quarter of the year, the winning bidder for the airline said on Monday.Advertisement Shares of Jet Airways on Monday jumped 5 per cent.Before it went bust, Jet Airways held prime slots in airports such as Mumbai and Delhi, but these were re-allocated to other airlines.

Jet Airways will have to apply for fresh slots which may not give higher yields.On the crucial matter of obtaining slots, the consortium said it was working closely with the authorities and airport co-ordinators on slot allocation, required airport infrastructure, and night parking.

Read full story at telegraphindia.com