PP Singh as Accountable Manager, Alphonso Dass as VP – Operations, Nakul Tuteja as VP - HR & Administration. In addition, an airline spokesperson said that Vipula Gunatilleka has joined as CFO, Capt. To begin with, the airline in April onboarded a new CEO - Sanjiv Kapoor - who was with SpiceJet and Vistara before he joined the hospitality sector. Although industry remains unsure of the source of funds, many things happened. In 2022, however, things moved at a faster pace. Shivkumar - who had been closely involved with the revival resigned and exited. Towards the end of the year, at least two former Jet senior employees - Sudhir Gaur and finance expert M. Through 2021, the process of revival moved very slowly and Ministry of Civil Aviation (MOCA) officials and the sector observers were not convinced the airline would take off at all. A court panel approved Jet's takeover and restart plan in June 2021. After a lengthy search for new investors, the Jalan-Kalrock consortium's bid was selected by creditors in October 2020. The journey to this stage of the revival process has been far from easy for the team that is seeking to resuscitate India's much loved private airline that downed its shutters in April 2019.
A few days later on May 19, the airline was granted the much awaited AOP. With the acquisition of Indo Pacific Aviation Limited, JetSetGo is now expected to be more flexible to be able to directly manage its own fleet and to provide on-demand air connectivity.On May 15 and 16, the newly revived Jet Airways conducted its first proving flights, albeit with old aircraft, successfully, in anticipation of receiving its air operator's permit (AOP) - the final hurdle to be cleared before it takes off. JetSetGo typically manages and executes chartered flights through DGCA-approved and non-scheduled operator permits that are owned by others. This acquisition now gives a significant boost to our ability to grow our fleet and offer unique services and next generation aircraft for personalised on-demand mobility.
Indo Pacific has far too many firsts to its credit and we are excited that this acquisition brings together the values of the old with the dynamism of the young. Kanika Tekriwal, CEO of JetSetGo, in a press statement, said, As the oldest NSOP and having truly created the aircraft management market in the country, Indo Pacific has been instrumental in many ways in the growth of the private jet and helicopter market in India.
This way, the empty leg traveler gets a charter at a more attractive price point. It enables the sale of empty travel legs to other customers thereby adding value to original leg customer (by giving a credit against original charter cost). Reportedly, JetSetGo has been positive in cash flow since its inception. For the first time aggregating India’s available private jets and helicopters, JetSetGo has grown to have a pan-India presence, becoming the country’s largest private aviation company that offers cost-efficient air connectivity with 2,800 aircraft movements executed last financial year alone. The Delhi-based startup JetSetGo was incorporated in 2014. To improve service and marketing, JetSetGo has previously raised an undisclosed amount of funding from cricketer Yuvraj Singh’s startup fund YouWeCan Ventures. Prior to completing the transaction, JetSetGo has received government approval from the Directorate General of Civil Aviation (DGCA) and Bureau of Civil Aviation Security (BCAS).
0 kommentar(er)
