Jet Airways to re-launch commercial operations from September
Jet Airways will start the process of hiring pilots for Airbus’ A320 aircraft, Boeing’s 737NG and 737Max planes as the airline is planning to resume its commercial operations in September. This comes after Jet Airways’ commercial operations were suspended on April 17, 2019, due to financial distress.
“Good things come to those that wait – Jet Airways will be flying again soon! Inviting pilots who are current and type-rated on the Airbus A320 or Boeing 737NG or MAX aircraft, to apply to join us in creating history as we prepare to relaunch India’s classiest airline,” the airline wrote on its Twitter on Tuesday.
Notably, the ailing airline on Tuesday started the process for hiring pilots for Airbus’ A320 aircraft as well as Boeing’s 737NG and 737Max planes. The airline, which reportedly received air operator certificate from aviation regulator DGCA on May 20, is yet to place an order for aircraft with either European plane-maker Airbus or American aerospace company Boeing, according to news agency PTI report.
It is important to note that as of now, the ailing airline has just one operational aircraft, which is a B737NG, in its fleet. The airline has announced that it intends to recommence commercial operations in the current quarter ending September, the report said. Financial distress forced Jet Airways, which flew for more than two decades, to suspend operations on April 17, 2019 and a consortium of lenders, led by the State Bank of India (SBI), filed an insolvency petition in June 2019 to recover outstanding dues worth over ₹8,000 crore, the report further highlighted. In October 2020, the airline’s Committee of Creditors (CoC) approved the resolution plan submitted by the consortium of the UK’s Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan, according to the report. (Source: Agencies)