Jet Airways All Set To Take Off From September-October 2022

NEW DELHI: Budget airliner, Jet Airways is likely to fly again from end-September to October this year.

Speaking to news outlets, the private carrier's chief executive officer said the airline is targetting to fly its aircraft in the July-September quarter after the revalidation of AOC (air operators certificate) is cleared, which it aims to do by early May.

" It is a very complicated, lengthy and stringent process and we're in the final stages now. We want to make sure that all the pieces are in place. We expect a few more months after the Air Operator Permit (AOP) to be ready to restart operations. Our plan is to take off by October, potentially a bit earlier, but it's going take us a few months for us to be able to fly again," he told ET Now in an interview.

The CEO also told Mint that the fleet of Jet Airways 2.0 will run on lease for at least the initial year, and there is a lot of aircraft to consider in this regard — both old and new. "We will decide what's best for us given our needs, and cost benefits. I don't want to give a precise number, but we know it's important to reach a certain scale quickly as it is a very scale driven business. Of course, when we place an aircraft order, it will be for modern and fuel-efficient planes," he said.

The Jet Airways CEO further said that while fuel price is not in their control, other costs can determine the competitive advantages. "These are not only aircraft maintenance, and engine maintenance contracts but also other contracts like IT, ground handling, outside service provider contracts, call centre contracts, distribution costs, etc. Each one of these costs has to be controlled," he told Mint in the interview.

Jet Airways, which took many shapes and forms throughout its life, including having a low-cost arm in JetLite and pulling meals during the last days of the airline, except for elites, will come back in a similar form when the new airline version, commonly referred to as Jet 2.0.

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