Industry

Jet Airways gets DGCA nod, can officially take off again


The DGCA has granted its air operator’s certificate (AOC), officially paving the way for the grounded airline to take to the skies once again.

The grant of the AOC was the final step in a comprehensive regulatory and compliance process involving several procedural checks for the airline’s operational readiness.

The airline conducted its first of three sets of proving flights for the permit on Sunday, and the final 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.

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.

“Today marks a new dawn for not just Jet Airways, but also for the Indian aviation industry. We are now at the brink of creating history by bringing India’s most-loved airline back to the skies. We will not only live up to the great expectations from brand Jet Airways, but also exceed them in many ways for today’s discerning flyers,” Jalan said in a press release.

Last month, the airline appointed industry veteran Sanjiv Kapoor, former chief strategy and commercial officer at Vistara, as its CEO.

“There is a need for an airline that is simply not a clone of other airlines, but actually offers something that is meaningfully different while offering new ways to attract, delight, and win customers. An airline that understands that doing the right thing by customers, staff, partners, and all stakeholders is the only way to do business,” Kapoor said after Jet’s AOC was revalidated.

“All of us on the re-start team are deeply committed and passionate about building the new Jet Airways into a modern, differentiated, people-focused airline for the digital age. We will combine the best of what Jet Airways was known for 25 years, with exciting new ideas to set the bar even higher,” he added.

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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