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Jet Airways restart approved by bankruptcy court
New Delhi: The grounded Jet Airways will take to the skies in its new avatar by the end of this calendar year. On a day when the company’s revival plan was approved by the National Companies Law Tribunal (NCLT), a top consultant working on the airline also said that its new routes will be decided within the next 90 days.
“Based on discussions I have been having, given the order has been received today, I think it would be a fair estimate to say that by the end of this calendar year we can hope to Jet in the skies again,” Ashish Chhawchharia, Head of Restructuring Services at Grant Thornton Advisory, said in a statement.
His company was appointed to oversee the airline’s restoration by a consortium of London-based Kalrock Capital and the UAE-based businessmen Murari Lal Jalan which now owns Jet.
Jet Airways was forced to ground all flights in April 2019, crippled by mounting losses. The carrier owes over ₹ 8,000 crores to banks, with public sector lenders having significant exposure. The NCLT has now given 90 days to the Directorate General of Civil Aviation and the Civil Aviation Ministry to allot slots to the airline
Asked how many old employees Jet would be willing to take back, Mr. Chhawchharia cautioned that the carrier is unlikely to stary with a 120-aircraft crew from day one.
“As it picks up and adds more aircraft to its fleet, it will require trained manpower, it will require ground handlers and pilots and crew. So they will be adding people as they move along,” the resolution professional said.
“They want to start with 20 narrow-bodied and five wide-bodied aircraft. It may not all happen at a snap-on day one. But they may be able to bring in these aircraft in a short span…I think there is certainly hope for people who have stuck on and had faith in Jet Airways.”
Discussions are still on with the airports, the Aviation Ministry, and the DGCA over slots at airports and various domestic and international routes, he said. He, however, downplayed the importance of these factors saying as much as the airline needs them, airports, too, need aviation companies.
Latest News
CIDCO Announces 3,142 Winners in EWS Housing Lottery
Housing draw offers thousands of economically weaker families a chance to own affordable homes.
The Lottery
The City and Industrial Development Corporation (CIDCO) has announced the results of its housing lottery for applicants from the Economically Weaker Section (EWS), with 3,142 applicants declared successful.
The draw has brought relief and excitement to thousands of families who have been waiting for an opportunity to own an affordable home in the Navi Mumbai region. For many selected applicants, the result marks an important step towards fulfilling their long-awaited dream of home ownership.
The housing scheme is aimed at providing homes at relatively affordable prices to eligible families from economically weaker sections. With property prices remaining a major challenge for middle- and lower-income families in the Mumbai Metropolitan Region, such schemes offer an important opportunity for those struggling to find affordable housing. Successful applicants can check their results and follow the further procedures announced by CIDCO. They will need to complete the required formalities within the stipulated time to proceed with their housing allotment.
The announcement is expected to provide much-needed support to families seeking secure and affordable accommodation in the rapidly developing Navi Mumbai region. The CIDCO housing initiative is part of the corporation’s broader efforts to expand affordable housing opportunities and help more families move closer to owning a home of their own.
Latest News
NMMC Plans Citizen-Focused Initiatives Under Seva Sankalp Abhiyan
Month-long campaign to focus on better civic services, cleanliness, health and community participation.
The Initiative
The Navi Mumbai Municipal Corporation (NMMC) is preparing a series of citizen-focused initiatives under the ‘Seva Sankalp Abhiyan’, scheduled to be held from September 17 to October 17, 2026.
The campaign, announced by the Maharashtra Government, aims to improve public services and encourage citizens to take part in activities benefiting society. NMMC Commissioner Dr Kailas Shinde recently held a meeting with senior officials and school principals to discuss the plans. As part of the campaign, the civic body will organise Seva Setu, innovation challenges, cleanliness drives, health camps, art and elocution competitions, Anganwadi Utsav and digital literacy programmes for senior citizens.
Under Seva Setu, NMMC plans to assess basic civic facilities in tribal settlements, including drinking water, streetlights, sanitation, roads, drainage and healthcare. Special camps will also be held to help residents resolve pending applications related to birth and death certificates, marriage registration and property documents.
The campaign will also promote waste segregation, reduced plastic use, blood donation and fitness awareness. Students will be encouraged to share ideas for building a developed India. Through the month-long initiative, NMMC hopes to bring public services closer to residents while encouraging cleanliness, health, innovation and active community participation.
Latest News
Residents Raise Alarm Over Cigarette Sales to Students
Seawoods residents seek strict action against tobacco sales near educational institutions and public spaces.
The Cigarette Sales
Residents of Sector 25, Seawoods, Nerul, have raised concerns over students allegedly smoking in public places and the suspected sale of cigarettes to minors.
Following repeated complaints, the ward officer and local police conducted a raid at a paan shop on the ground floor of Ambika Heights on the night of September 11. Officials reportedly found cigarette cartons at the shop, but no other illegal intoxicating substances.
Residents said students, reportedly aged between 17 and 22, are frequently seen smoking near Seawoods railway station, the bridge and other public areas. They suspect that a local paan shop may be supplying cigarettes to college students. Prakash Yawalkar, president of the Seawoods Citizens Welfare Association, said students were openly smoking outside the shop, raising concerns among residents and parents.
The association has submitted complaints to the local police, Navi Mumbai Municipal Corporation, mayor, local representatives and the Drug Department. It has urged authorities to strictly enforce the law prohibiting tobacco sales to minors and increase monitoring around schools, colleges and other student gathering points.
Residents said stronger action is needed to prevent tobacco use among young people and ensure that public spaces remain safe and healthy.
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