Go First and Jet Airways News -:
Challenges continue for grounded airlines Go First and Jet Airways as they face a setback in losing their crucial airline codes, G8 and 9W, respectively. These two-letter designator codes, assigned by the International Air Transport Association (IATA), have been withdrawn due to non-operational status. These codes play a pivotal role in ticketing, reservations, and baggage handling operations, serving as a unique identifier for airlines.
The withdrawal of these codes could potentially disrupt various operational aspects, including schedules, telecommunications, cargo documentation, and more. It’s noteworthy that the designator and numeric codes remain blocked for 12 months, during which airlines can seek reinstatement upon meeting requirements.
A spokesperson from the Jalan-Kalrock Consortium stated, “The 9W code is held by Jet Airways and is currently under preservation with IATA for future commercial operations.”
What’s the latest with Both Airlines?
The loss of its airline code is another setback for Go First. This development comes shortly after the airline’s recent announcement to extend the cancellation of all its flights until September 5.
It’s worth noting that September 2 marks the four-month milestone since Go First’s last flight before it sought bankruptcy protection.
This development for Go First comes shortly after the airline extended flight cancellations until September 5. The airline has faced challenges since grounding its fleet four months ago, making efforts to restart operations amid financial difficulties.
As for Jet Airways, the successful bidder Jalan-Kalrock is infusing funds to the tune of Rs 250 crore to revive the airline. A renewal of its air operator’s certificate (AOC) is set to expire on September 3, 2023, after being granted a limited period renewal in August.
Losing these airline codes is a significant blow, affecting their operational identity and potential resumption plans. Let’s keep an eye on developments in the aviation industry as these airlines navigate their paths forward.
Meanwhile, Jalan-Kalrock (JKC), the successful bidder for full-service carrier Jet Airways, recently announced an investment of Rs 100 crore into the airline following a directive from the National Company Law Appellate Tribunal (NCLAT).
This is set to expire on September 3, 2023.
Jet Airways suspended all flights in April 2019 due to financial difficulties and subsequently entered the corporate insolvency resolution process, with JKC emerging as the winning bidder two years later.