Airlines
DGCA renews airport operator certificate of Jet Airways
According to a formal statement released by the Jalan-Kalrock Consortium, the Directorate General of Civil Aviation (DGCA) renewed Jet Airways’ Airport Operator Certificate (AOC) on July 28. This is an important step in the airline’s resurrection process.
According to the statement, the renewal of AOC confirms the Indian aviation regulator’s belief in Jet Airways’ recovery. After an insolvency resolution procedure, JKC was revealed to be the successful bidder for the grounded Jet Airways. Nevertheless, the ownership transfer to JKC has not yet taken place due to ongoing disagreements between JKC and the airline’s financiers.
As the only airline to reopen under its original brand following a protracted period of grounding, Jet Airways has a special place in Indian aviation history.
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The resolution plan provided by the Jalan-Kalrock consortium was approved by the National Company Law Tribunal (NCLT) in 2021. Murari Lal Jalan, an Indian non-resident who lives in the UAE, will hold shares in Jet Airways in his individual capacity, and Florian Fritsch, who will hold shares through his investment holding firm, Kalrock Capital Partners Ltd, Cayman, make up the consortium.
The renewal of the AOC is a promising milestone in Jet Airways’ journey to reclaim its skies and regain its position in the Indian aviation market, despite previous financial troubles and ongoing difficulties.
Airlines
Sanctions & Engine Issues Ground Half of Russia’s A320neo fleet
Russia’s aviation sector, already strained by Western sanctions, faces another setback as nearly half of its Airbus A320neo family aircraft are grounded due to unresolved engine issues.
This development highlights the growing challenges for russia commercial aircraft in maintaining their fleets under the weight of global restrictions and limited access to spare parts.
Out of the 66 Airbus A320neo and A321neo jets in Russia, 34 are now out of service, according to the Kommersant business newspaper. These planes are powered by engines manufactured by Pratt & Whitney, a subsidiary of RTX Corporation.
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The engines are affected by a previously identified defect in the metal used for certain parts, prompting accelerated inspections and maintenance.
Sanctions have compounded the issue, blocking the supply of essential components from major manufacturers like Boeing and Airbus. Without proper maintenance, experts warn that these aircraft may face decommissioning as early as 2026.
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Airlines like S7, which operates a significant portion of these grounded jets, plan to conserve the engines for future use during peak travel seasons. However, reports suggest that over 20 of S7’s Airbus planes have engines that have already reached the end of their operational lifespan. Recently, russia seeks assistance from kazakhstan’s airlines to bolster its domestic flights.
While some A320neo and A321neo planes in Russia are equipped with French-made LEAP engines, which are seen as less problematic, the challenges remain daunting.
The situation underscores the long-term impact of sanctions on Russia’s aviation sector and the increasing difficulties in keeping its modern fleets operational.
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