Naresh Goyal-owned Jet Airways may participate in the second phase of bidding for regional flights under the central government's UDAN scheme, but the final decision will depend on the ‘economics’ of operations. The second round of the bidding for RCS routes had commenced from August 24 last month and the winners for this phase are to be announced by November-end.
“We evaluate this (participation in UDAN scheme) consistently. We would evaluate and depending on the economics available, we will decide on the second round of bidding,” Jet Airways Chief Financial Officer Amit Agarwal said during during a post-earnings analysts call here. Significantly, airline Chairman Naresh Goyal hadsaid that aviation and connectivity nationwide is expected to witness further impetus due to the Government's Regional Connectivity Scheme.