Jet Airways disaster deepens: Airline suspends 13 extra worldwide routes; solely one-third of its 119 fleet operational

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Mumbai: Jet Airways, on the verge of going belly-up, has suspended operations on as many as 13 extra worldwide routes until end-April even because it grounded seven extra planes as a result of non-payment of leases, taking the variety of such plane to 54.

Besides, the airline has additionally decreased frequencies on seven different abroad routes, largely from Delhi and Mumbai, in keeping with airline sources.

“… an additional seven aircraft including two planes of JetLite, have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements,” the airline stated in a submitting to the inventory exchanges late night on Friday.

The firm stated that as talked about earlier, it’s actively engaged with all its plane lessors and is repeatedly offering them with updates on the efforts taken to enhance the liquidity.

Earlier, sources stated, routes the place companies have been quickly withdrawn embody Pune-Singapore (seven per week), which was launched with a lot fanfare late final December, and Pune-Abu Dhabi (seven flights per week).

A Jet Airways Boeing 737 MAX eight aircarft is seen parked inside a hanger throughout its induction ceremony on the Chhatrapati Shivaji International airport in Mumbai, India, June 28, 2018. Reuters

Jet Airways has already suspended companies on the Mumbai-Manchester route. Gasping for funds and no bailout on the horizon, the Naresh Goyal-controlled airline has now decreased its operations to one-fourth from over 600 every day flights earlier, with simply one-third of its 119 fleet being operational.

The airline has discontinued companies from Delhi to Abu Dhabi (9 per week), Dammam (14 weekly), Dhaka (11), Hong Kong and Riyadh (seven every per week) as much as April 30, stated the airline supply.

Besides, the airline has additionally suspended companies on the Bangalore-Singapore route, the place it flies twice every day, until 30 April.

The flights which have been suspended from Mumbai for this era embody companies to Abu Dhabi (12 weekly), Bahrain (4-7 weekly), and Dammam (14 weekly). These companies will stay suspended until April 30, as per the supply.

Similarly, flights on the Mumbai-Hong Kong (7 weekly) route may also not be operated between 23 March and 30 April, whereas the Kolkata-Dhaka companies have additionally been suspended until 30 April.

In addition to this, companies from Delhi and Mumbai to Kathmandu, Bangkok, Doha, Kuwait and Singapore have been additionally decreased considerably.

 

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