Jet Airways Might Keep Some Boeing 777 for Restarting Operations

For the unaware, the new owner of the Jet Airways is Jalan Kalrock Consortium. The group said that Jet Airways will be looking to make a comeback in the Indian market as early as the first quarter of 2022.

Highlights

  • The new owners of the Jet Airways is Jalan Kalrock Consortium
  • Jet Airways might not necessarily keep the Boeing 777 aircraft for domestic flights
  • Jet Airways is expected to make a come back in early 2022

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Jet Airways

Jet Airways is expected to make a comeback in early 2022. The airline is expected to keep some of the Boeing 777 aircraft for whenever it restarts operations. Note that Jet Airways might not necessarily keep the Boeing 777 aircraft for domestic flights. The airline will be eyeing to make a comeback in the international routes as early as possible. For the same, Jet Airways might utilise the Boeing 777 aircraft. Just how many aircraft the company will sell and how many it will keep is something that remains to be seen.

“Jet Airways is likely to retain some of the Boeing 777 flights while selling parts of the fleet. It is in the process of taking a final decision as Jet is readying to start operations in full swing," a top industry source aware of the development told ET.

Jet Airways to Restart in the First Quarter of 2022

For the unaware, the new owner of Jet Airways is Jalan Kalrock Consortium. The group said that Jet Airways will be looking to make a comeback in the Indian market as early as the first quarter of 2022.

Murari Lal Jalan, the lead member of the Jalan Kalrock Consortium and the non-executive chairman of Jet Airways, said, “We received NCLT approval in June 2021, and since then, we have been working closely with all concerned authorities to get the airline back in the skies. Jet Airways 2.0 aims at restarting domestic operations by Q1-2022 and short-haul international operations by Q3/Q4 2022. Our plan is to have 50+ aircraft in 3 years and 100+ in 5 years.”

The consortium said that if things go as planned for the company, a fleet of 100+ aircraft within 5 years won’t be a distant reality. Jet Airways certainly has a loyal fan base and it will benefit from the increased demand that will come next year.

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