Revival plan of Jet Airways
Indian International Airlines plans to renew its airline business by March 2022. Moreover, Its first airline will be based in Delhi-NCR. Further, Jet Airways has already been approved nearly 150 people with a plan to hire 1,000 people in the first phase.
Elsewhere, the firm plans to commence short-haul international operations by Q3-Q4 2022. Further, the airline firm aims to add over 50 aircraft to its fleet in the coming 3 to 5 years.
According to the firm statement, the re-certification of the existing Air Operator Certificate (AOC) remains under process. Forward, for slot allocation, it required airport infrastructure, night parking. The consortium is workings under the maintenance of few important persons who visited important airports in the last month. Moreover, the firm grasp productive meetings.
“BUSINESS OPPORTUNITIES ARE LIKE BUSES, THERE’S ALWAYS ANOTHER ONE COMING.”
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The share price of Jet Airways raised 4.98% at Rs. 84.40 on Monday. It reached a day high price of Rs. 84.40 and a low price of Rs. 78.60. That relaunch layout for Jet Airways does complete as approved by NCLT. Moreover, all the lenders will be settled as per the plan in the coming months.
The officials of the firm said as they will start its business with domestic operations on all an all narrow-body aircraft fleet leased from major global aircraft lessors who have approached us, and with whom we continue to engage.