Airlines
[ Airlines ]December 8, 2020 7:00 am ET
Jet Airways to Be Flying Again by Summer 2021
On Monday, the Times of India reported that the recently-defunct Jet Airways will be relaunching all of its domestic routes by Summer 2021. The carrier ceased operations due to insolvency in April 2019 but was granted a lifeline when a consortium of businessman including Murari Lal Jalan and London’s Kalrock Capital won the bid for its revival. The airline’s Committee of Creditors (CoC) approved the consortium’s resolution plan in October; however, Jet Airways still has to get the green light…