New Delhi, 9th May 2022: Jet Airways has received security clearance from the Union Home Ministry. In addition, the organisation has completed the mandatory test flight for the Air Operator Certificate.
On Thursday, Jet Airways flew a test flight from Hyderabad airport. The airline will be ready to begin commercial flights in the coming months once the remaining processes are completed.
Jet Airways is now promoted by the Jalan-Kalrak consortium. Naresh Goyal once owned this company. Since April 17, 2019, Jet Airways has been defunct.
The Ministry of Civil Aviation issued the airline a letter on May 6 with information about the Ministry of Home Affairs’ security clearance process. The letter was also submitted to the DGCA and BCAS, which are both responsible for aviation safety. The airline will now have to execute a proving flight after the successful test flight. The Air Operator Certificate will thereafter be issued by the Directorate General of Civil Aviation (DGCA).
In June 2019, a group of lenders led by the State Bank of India (SBI) filed an insolvency petition to recover approximately Rs 8,000 crore in debt. The airline’s Committee of Creditors (CoC) approved the resolution process in October 2020. A group led by UK-based Kalrak Capital and UAE-based entrepreneur Murari Lal Jalan launched the project. The National Company Law Tribunal also accepted this settlement plan in June 2021.