NEW DELHI: The grounding of Jet Airways has come as a boon for other airlines.

NMN | New Delhi | Friday | 12:10 PM | April/19/2019 


The suspension of its flights has not only freed up slots at the completely choked Mumbai and Delhi airports, but also opened up an opportunity for rival airlines to take Jet’s idle aircraft on lease

The government will now allot 280 slots at Mumbai and 160 at Delhi as well as those at other airports to Indian carriers for three months. Airlines that can induct more planes quickly and tide over the sudden shortage ahead of peak summer travel season — and help bring down spiralling fares — will get more slots.

AI chairman Ashwani Lohani has asked SBI to lease to it Jet’s five Boeing 777s. The Maharaja wants to start five additional flights — Mumbai to London and Dubai, and Delhi to London, Dubai and Singapore. Lohani also asked AI Express to consider taking in Jet’s grounded Boeing 737s.

READ ALSO: New buyers only hope for Jet, say SBI-led lenders

SpiceJet has taken on lease a large number of Boeing 737s that lessors repossessed from Jet to tide over the shortage caused by the grounding of its B737 Max. On Thursday, SpiceJet said it would “induct six more Boeing 737-800 NG aircraft on dry lease in addition to 16 B737s and 5 Q400s. The total number of planes to be inducted in the immediate future now stands at 27”.

The airline also announced 24 new flights connecting Mumbai and Delhi with other Indian cities. Of these, 20 will connect Mumbai with other cities, including Delhi

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