Jet Airways is about to fly again. Jet Airways will launch in October, CEO Sanjeev Kapoor has said. The airline will receive the necessary clearance to operate by the end of April. We are in the final stages of approving this. “We have been preparing to operate since October,” he said.
He took over the leadership of the company just last week.
The company currently has 200 employees. Two-thirds of these employees are already employed by Jet Airways. If you plan to hire someone new, we plan to hire him if the former employees of Jet Airways are willing.
At the same time not all former employees can be given jobs. Except those who are currently employed will be taken under the new rules. Jet 1.0 does not exist. Sanjeev Kapoor has said that it is only Jet 2.0 now.
Jet Airways offers customers both types of opportunities, Economy and Business Class. So far no one was able to send in the perfect solution, which is not strange. We are in talks with both Boeing and Airbus. We will make the final decision after examining all the possibilities. Sanjeev Kapoor said that apart from that we will be hiring planes at an early stage.
According to the rules can only operate locally. Airlines can only plan overseas service if the number of flights is more than 20.
Closed in 2019
Jet Airways closed in 2019 due to a credit crunch. This was followed by the NCLT. Overseas Life handed over to Indians Jalan and London-based Kalrak Capital. The group has agreed to invest Rs 1350 crore. Of this, about Rs 450 crore will go to old loans. (Jet Airways’ 95 percent debt reduced) The remaining amount has been announced to be used to restart the company.
Vipula Gunathilaka, CEO of SriLankan Airlines, joined Jet Airways as Chief Financial Officer last March.
While it would be welcome for a bankrupt company to resume operations, it would still be challenging to succeed again when aviation fuel is at its peak.