Friday, 26 April, 2019

Jet Airways pilots threaten strike amid more flight cancellations

India's Jet extends international cancellations as airline teeters Over 1,000 Jet Airways pilots not to fly from Monday
Russell Knight | 17 April, 2019, 17:57

On Sunday, Jet's pilots' union deferred its decision of "no pay no work" from Monday, citing the meeting of the lenders' consortium with the airline management slated for later in the day.

Another report said that lenders to Jet Airways may not consider an initial bid from Goyal to regain control of the troubled airline as he did not fulfil certain conditions set by them while submitting the EoI on Friday.

Not only the airline but also the journey over the past four-five months have been extremely hard for ground staff at the airline, they have been humiliated by passengers over the cancellation of flights besides facing financial hurdles.

Earlier, the airline's pilots, engineers and cabin crew members assembled at the headquarters to show their solidarity.

In March, a consortium of lenders led by SBI took control over the management and it was made a decision to infuse Rs 1,500 crore into the carrier to keep it going till an investor is found.

An Open House will be called shortly as per the availability of the venue and the committee members, its communication added.

A recovery plan led by government-owned State Bank of India and other creditors has so far been unable to staunch the bleeding at the airline, which had 119 aircraft on December 31, when the company first defaulted on some of its $1.5 billion in debt.

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The NAG had in late March called for no flying from April 1 over non-payment of salaries.

However, on March 31, it deferred the agitation to April 15, saying it wanted to give more time to the new management.

"Jet Airways has now suspended operations to SAARC and ASEAN destinations, as well as to Toronto and Paris from Chennai and back", the airlines said in a statement.

The airline suspended the route between Amsterdam and Toronto on April 11th "until further notice", a Jet Airways spokesperson said to NL Times by email.

The government held a crisis meeting Friday, which was the deadline for prospective bidders to express an interest in acquiring a 75 per cent stake in the beleaguered airline.

Jet Airways' stock was off 7.6% at Tuesday's close. The Prime Minister's Office (PMO) had convened an urgent meeting on Friday to discuss the crisis after the airline could operate only 11 aircraft, leaving passengers stranded at various domestic and worldwide airports.

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