Jet's slot allocation to others only temporary

Jets slot allocation to others only temporary
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Jet's slot allocation to others only temporary
Highlights

Allaying apprehensions of the grounded carrier Jet Airways on its vacant slots, the aviation ministry on Tuesday said they are being allocated to other airlines purely on "temporary basis" and once the airline resumes operations, these slots will be returned.

Mumbai: Allaying apprehensions of the grounded carrier Jet Airways on its vacant slots, the aviation ministry on Tuesday said they are being allocated to other airlines purely on "temporary basis" and once the airline resumes operations, these slots will be returned.

The ministry also assured Jet of "protecting" its historic slots as per the applicable norms and regulations. The SBI-led consortium of lenders and Jet Airways employees'unions had Monday urged the government to secure its international landing slots to protect its valuation.

"To reduce inconvenience of passengers and facilitate induction of additional capacity, it has been decided to allot some of the slots vacated by Jet to other airlines purely on a temporary basis, for a period of three months," the ministry said in a statement on Tuesday.

The abrupt temporary closure of Jet due to cash crunch last Wednesday left thousands of passengers in the lurch, forcing the ministry to allot some of the slots across domestic and international airports to other local carriers in a bid to help mitigate inconvenience.

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