The airline's plan to relaunch operations comes at a time when the aviation sector is in the midst of serious churn, and experts say extensive planning, adequate capitalisation and a well-defined path to profitability will be key to revival
Finally, there is some hope for the embattled airline, Jet Airways. After four years of being stuck in limbo, the country’s once-largest private airline is all set to make a comeback to the Indian skies in 2023. A regional bench of the country’s National Company Law Tribunal (NCLT) in Mumbai, on January 13, finally allowed the transfer of ownership of Jet Airways to the Jalan-Kalrock Consortium (JKC) more than two years after it was declared the winning bidder.