India’s civil aviation regulator has asked Jet Airways to submit a “concrete and credible revival plan” to restart operations suspended by the debt-laden airline.
“DGCA (Directorate General of Civil Aviation) would endeavour to do its best to help the company revive its operations within the set regulatory framework,” the regulator said in a statement on Thursday.
The development comes a day after Jet Airways announced the temporary suspension of all its flight services from Wednesday night as it failed to secure interim funding for maintaining even bare minimum operations.
Late Wednesday evening, the Civil Aviation Ministry tweeted that: “DGCA and other regulators are monitoring the situation carefully to ensure that all existing rules regarding refunds, cancellations, and alternate bookings are followed strictly”. Read More