Jet's air operator certificate will lapse on May 19.
In these times of high losses, airlines are looking at multiple options to earn cash.
A Jet Airways Boeing 737 with 89 passengers on Thursday had a miraculous escape after it was involved in a near-collision with a formation of Sukhoi-30 Air Force fighter jets over the airport in Rajkot.
An official of the aviation regulator DGCA had said that the pilots aborted the take off after they were informed about a 'barrier' on the runway
Weeks before shutting down operations on April 17, a logistics vendor had taken possession of a Jet aircraft--a Boeing 777--at the Amsterdam airport for non-payment of dues.
Rakesh Jhunjhunwala-backed new airline Akasa is in talks with US aerospace company Boeing for buying up to 100 737 Max aircraft. Former Jet Airways CEO Vinay Dube and his family members are promoters while ex-IndiGo president Aditya Ghosh is a board member of the airline. The airline is in negotiation with Boeing and has reached out to the government to recertify the aircraft which has been grounded since 2018 after two crashes killing 349 persons, according to sources in the know.
India will require 1,740 planes over the next 20 years.
The first hurdle is how long Jet Airways can enjoy rights over its parking slots at various airports.
'Boeing has returned some cash to the airline which will help it improve the current liquidity crisis.'
The Directorate General of Civil Aviation (DGCA) is probing the incident of an Air India flight, AI 123, from New Delhi to Rome losing radio contact over Italy on October 16.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
Whether this happens because DGCA actually cares about the future of the national carrier or for other motives is not clear.
A financial turnaround with the Etihad partnership and debt restructuring has not fully materialised.
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