will likely this week get its air operator's permit to take to the skies, more than three years after it was grounded, said a govt official.
The airline conducted its first of three sets of proving flights for the permit on Sunday. It will conduct the other two on Tuesday.
On May 8, the ministry of civil aviation granted security clearance to the grounded carrier.The approval was given basis a nod from the ministry of home affairs.
In a letter, an official conveyed “security clearance for change in shareholding pattern” in the airline.
The new owners of Jet, a consortium of Kalrock Capital and middle east-based businessman Murari Lal Jalan had applied for the security clearance on December 13 last year.
Last month, the airline appointed industry veteran Sanjiv Kapoor, former chief strategy and commercial officer at Vistara, as its CEO.
Jet already has more than 150 employees on its rolls and the airline is also speaking to vendors, including lessors, for the relaunch. Jet stopped operating in April 2019, burdened under piling losses, debt and dues. It was admitted for insolvency proceedings by the National Company Law Tribunal in June 2019. After two years of a rambling insolvency process, the bankruptcy court approved the Jalan-Kalrock consortium’s resolution plan in June last year.
Jet Airways’ flying licence or AOP was made dormant, months after it stopped flying.
The airline conducted its first of three sets of proving flights for the permit on Sunday. It will conduct the other two on Tuesday.
On May 8, the ministry of civil aviation granted security clearance to the grounded carrier.The approval was given basis a nod from the ministry of home affairs.
In a letter, an official conveyed “security clearance for change in shareholding pattern” in the airline.
The new owners of Jet, a consortium of Kalrock Capital and middle east-based businessman Murari Lal Jalan had applied for the security clearance on December 13 last year.
Last month, the airline appointed industry veteran Sanjiv Kapoor, former chief strategy and commercial officer at Vistara, as its CEO.
Jet already has more than 150 employees on its rolls and the airline is also speaking to vendors, including lessors, for the relaunch. Jet stopped operating in April 2019, burdened under piling losses, debt and dues. It was admitted for insolvency proceedings by the National Company Law Tribunal in June 2019. After two years of a rambling insolvency process, the bankruptcy court approved the Jalan-Kalrock consortium’s resolution plan in June last year.
Jet Airways’ flying licence or AOP was made dormant, months after it stopped flying.
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