The aviation regulator Directorate General of Civil Aviation (DGCA) renewed the air operator certificate of Jet Airways, paving way for the airline to revive its services in India.
The resolution applicant of Jet Airways, Jalan-Kalrock Consortium, in an official statement said that they had obtained renewal for the “Airport Operator Certificate (AOC) for the airline from the Directorate General of Civil Aviation (DGCA) on July 28, 2023.”
The renewal of AOC revalidates the confidence of the Indian Aviation Regulator in the revival of Jet Airways, the airline said.
"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," the Jalan-Kalrock consortium said.
"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," read the statement.
Jet Airways operations were suspended in April 2019. It was after the resolution plan of the JKC approved by the National Company Law Tribunal, the airline is gearing up for its revival.
It i s under the Insolvency and Bankruptcy Code under the NCLT that the airline is getting revived.