Jet Airways plans to resume as full-service airline in summer of '21

For businessman Murari Lal Jalan and consortium partner Kalrock, reviving airline is an opportunity

Topics
Jet Airways | Jet Airways flight | airlines

Arindam Majumder  |  New Delhi 

The new owners of Jet Airways plan to operate it as a full-service airline with a strong presence in the domestic market while connecting prominent European and West Asian cities with Delhi, Mumbai, and Bengaluru. Jet, which was grounded in April 2019 as it ran out of cash and failed to get emergency funding, will remain listed, according to a person close to the owners.

He also indicated that the airline will possibly return to the skies in the summer of 2021. Murari Lal Jalan, the businessman who led the winning consortium for Jet, plans to hold more than 51 per cent stake in the ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, December 01 2020. 06:05 IST
RECOMMENDED FOR YOU