-Jet Airways has been one of the most loved airlines.
-If it goes to the sky again then it is a big big news and an extremely welcomed one.
Jet Airways, one of the most loved airline by frequent flyers had left its thousands of employees in a lurch as it shut down operations due to financial turbulence. The debt that mounted on this airline left it grounded pushing the employees in depression, and they went through a lot to make the ends meet.
As per the latest news, the Karlock Capital-Murari Jalan consortium have won the bid and taken the first step towards the resolution needed for the airline to re-start its operations. The news has created a buzz and the hearts of the dedicated employees are pounding with hope.
It has been a year since the suspension of flight operations for Jet Airways with a debt of over 8000 crores, the question for the airline is to get money, aircrafts and the slots.There are all the possibilities that it will start operations mid next year if Jalan JV is able to raise the required funds, also sell the old planes to get a few new ones.
It may be noted that Jet Airways is the oldest private airline to have begun its operations in 1993. Sadly it ran out of funds last year in April 2019 when it was about to hit its 26th year of operations. Keeping fingers crossed that the most loved airline will be seen back in the skies and make the flyers happy.
There is more to come and we will keep you updated.