A media report said that the Jet Airways has requested the Aviation Ministry not to give away its International Flying Rights to other Indian Carriers, either temporarily on permanently. It has reported that since Jet Airways was grounded, the Aviation Ministry had allocated slots to other airlines on a temporary basis in order to reduce flier’s inconvenience. The Jet Airways Officials said that selling away its flying rights could impair the airline’s chances of finding a buyer.
The Times of India report added that the rival SpiceJet which has been hiring pilots and captains, is planning to take up to 40 of ex-Jet 737s by June End. The Telegraph quoted the airline as saying, “It is just a matter of 10 to 15 days, please don’t give Jet’s International Flying Rights till the sale process is decided”. The aviation ministry though had already stated that the move was only for mitigating the inconvenience to the fliers and once the Jet Airways resumes its operations, the slots would be returned. The ministry also assured that the historical slots of the airline would be protected. This move by the ministry came after the Jet Airways was temporarily closed due to bankruptcy which depriving thousands of passengers of its services.
The SBI-Led Consortium of Lenders and Jet Airways Employees Unions urged the government to secure its international landing slots to protect its valuation. Recently, the whole aviation Industry is going through a crisis and the flights across the nation are down. There is also a deficiency of planes and trained pilots.