In a positive turn-of-events for Jet Airways, the Jalan-Kalrock Consortium (JKC), the resolution applicant of Jet Airways, has obtained the renewal for the air operator certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA).
“JKC expresses its heartfelt gratitude to the aviation regulator, the Ministry of Civil Aviation, and all other stakeholders, in showcasing their faith in JKC and in the revival of Jet Airways,” JKC said in a statement.
“The Jalan and Kalrock Consortium remains fully dedicated to the revival of Jet Airways and is committed to implementing a comprehensive strategy to ensure the airline's success. JKC will continue to work closely with all relevant authorities, industry partners, and stakeholders in reviving Jet Airways in coming weeks,” the statement added.
Jet Airways is being revived under the Insolvency and Bankruptcy Code as per the National Company Law Tribunal.
Before suspending operations in April 2019, Jet Airways flew to more than 65 destinations in India and worldwide with 124 narrow and wide-body aircraft.