Live Markets »News & Advice»Market News»Market News Details
Market News Details

Crisis looms as Jet Airways suspends SAARC, ASEAN and some Europe flights

Press Trust of India/Mumbai 14 Apr 19 | 03:40 PM

Struggling for survival due to a severe cash crunch, Jet Airways has suspended its operations in SAARC and ASEAN regions indefinitely, besides extending suspension of its services to Toronto and Paris from Chennai and back.

The airline has also cancelled its long-haul, west-bound operations to and from Amsterdam, London Heathrow, and Paris till April 16, Jet Airways said Sunday.

Related Stories

    No Related Stories Found
Widgets Magazine

Operating with 6-7 aircraft, Jet Airways had on Friday extended suspension of its services to these destinations until Monday.

ALSO READ: Jet pilots to stop flying Monday, lenders seek survival plan from airline

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

"The airline has also cancelled its long-haul, west-bound operations to/from Amsterdam, London Heathrow, and Paris until April 16 (Tuesday)," it added.

ALSO READ: Jet Airways likely to get Rs 1,000-crore emergency fund on Monday

According to available information, the airline has also stopped accepting bookings for its Mumbai-Paris flight until June 10.

It has also closed reservations for its Mumbai-London, Mumbai-Amsterdam-Mumbai and Bangalore-Amsterdam flights, up to April 18, according to the information.

Jet Airways confirmed stopping of bookings for these flights, saying the move is aimed at re-accommodating passengers due to interim cancellations.

ALSO READ: Jet episode raises many questions and govt of the day needs to answer them

"As a proactive measure, Jet Airways has restricted sales on certain routes for a few days, in order to re-accommodate guests, who have unfortunately been inconvenienced by

interim cancellations," the airline said.

Following complaints by passengers of lack of information on cancellation and non-receipt of refunds, Civil Aviation secretary had Friday said the Centre had asked Jet Airways to inform passengers 48 hours in advance about flight cancellations, and take their problems into consideration.

Rajshree Pathy resigns as Jet Airways' independent director

Struggling carrier Jet Airways Sunday said its Independent Director Rajshree Pathy has quit the company, effective April 13, citing time constraints and other commitments.

"This is to inform you that Rajshree Pathy has submitted her resignation as an Independent Director of the company with effect from April 13, owing to time constraints and on account of her other current commitments," Jet Airways said in an exchange filing.

The loss-making airline is now under the management control of SBI-led consortium of lenders under a debt-recast plan approved by its board last month.

Widgets Magazine


Company Price Gain (%)
Reliance Inds.1,288.152.02
Axis Bank775.051.60
Tata Steel492.901.39


Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine