New Delhi: Domestic carriers that have been temporarily awarded slots of Jet Airways (India) Ltd at India's busiest airports of New Delhi and Mumbai stand a chance to gain them permanently if the grounded airline fails to find a new buyer. InterGlobe Aviation Ltd's IndiGo and SpiceJet Ltd are among carriers that have already announced a slew of flights utilizing temporary slots at these two airports. Slots at the two airports are hard to come by for new airlines as most have already been used by legacy carriers.
"If Jet Airways is to revive and come back with its fleet of 119 aircraft--that it operated during its peak--all the slots that are temporarily given to other airlines will be returned to them," said a senior civil aviation ministry official, requesting anonymity.
"The airlines already holding slots get preference at the time of reallocation. If Jet Airways doesn't revive, the airlines, which are holding these temporary slots (at New Delhi and Mumbai), will get preference during reallocation of slots after three months," the official said, adding that the situation would be reviewed if Jet resumed operations.
Jet Airways, which was until recently India's second-largest airline, suspended flights last Wednesday under the weight of high debt and a severe cash crunch. The carrier operated about 106 departure and arrival slots each, daily at Mumbai. In New Delhi, it operated about 79 departure and arrival slots each daily.
Slots are allocated to airlines, based on factors including the number of aircraft they operate. Airports in Mumbai and Delhi together handled 61.4% of India's domestic traffic in 2018. Mumbai handled 24.5% of air traffic, while Delhi handled 36.9% last year.
24/04/19 AviationPros
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"If Jet Airways is to revive and come back with its fleet of 119 aircraft--that it operated during its peak--all the slots that are temporarily given to other airlines will be returned to them," said a senior civil aviation ministry official, requesting anonymity.
"The airlines already holding slots get preference at the time of reallocation. If Jet Airways doesn't revive, the airlines, which are holding these temporary slots (at New Delhi and Mumbai), will get preference during reallocation of slots after three months," the official said, adding that the situation would be reviewed if Jet resumed operations.
Jet Airways, which was until recently India's second-largest airline, suspended flights last Wednesday under the weight of high debt and a severe cash crunch. The carrier operated about 106 departure and arrival slots each, daily at Mumbai. In New Delhi, it operated about 79 departure and arrival slots each daily.
Slots are allocated to airlines, based on factors including the number of aircraft they operate. Airports in Mumbai and Delhi together handled 61.4% of India's domestic traffic in 2018. Mumbai handled 24.5% of air traffic, while Delhi handled 36.9% last year.
24/04/19 AviationPros
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