Jet Airways is set to commence its operations from the next financial year, the Airline major said in a statement after being grounded since 2019. In a statement, Murari Lal Jalan, Lead Member of the Jalan Kalrock Consortium, said, "Jet Airways 2.0 aims at restarting domestic operations by Q1-2022, and short-haul international operations by Q3/Q4 2022."

 The top airline was taken to the insolvency tribunal, the National Company Law Tribunal (NCLT), for resolution during which Murari Lal Jalan led Jalan Kalrock consortium bought the airline. 

 The first flight of Jet Airways would be on the Delhi-Mumbai route, it said, adding that the airline would now be headquartered in Delhi instead of Mumbai. The National NCLT in June this year had approved the Jalan Kalrock Consortium's resolution plan for Jet Airways, two years after the once-storied full-service carrier went into insolvency proceedings.

The Consortium's statement read that the revival plan for Jet Airways is being implemented as approved by NCLT and all the creditors will be settled according to the plan in the coming months. The process of reviving the grounded carrier is on track with the existing Air Operator Certificate already under process for revalidation, it said.

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