The Directorate General of Civil Aviation said on July 31 that it has extended the air operator’s certificate of Jet Airways until September 3 to allow the Jalan Kalrock Consortium (JKC) to implement the court-approved resolution process as part of the insolvency resolution proceedings.
However, the airline will still be required to meet certain pre-conditions before resuming flying. These include submitting a firm action plan for revival of operations after the airline is transferred from the National Company Law Tribunal to the JKC.