It’s approaching two years since Jet Airways was grounded. On April 17th, 2019, the Indian carrier suspended all flight operations amid its ongoing financial issues. However, the carrier is set to relaunch within four to six months under new management.Last October, Kalrock Capital and Murari Lal Jalan took over Jet Airways. Kalrock is a London-based investment fund while Jalan is a businessman based in the UAE. The consortium soon submitted a ₹10 billion ($138 million) plan to re-launch the struggling carrier.
This week, it shared that it intends for the airline to be back in the air by this summer. The goal is to serve all of Jet’s historic domestic slots while reclaiming its hubs in Delhi, Mumbai, and Bengaluru. There could also be new sub-hubs formed in India’s Tier 2 and 3 cities.
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May 2021
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