Jet Airways suspends operations on 13 worldwide routes

25 March, 2019, 06:33 | Author: Regina Silva
  • Jet Airways suspends operations on 13 worldwide routes

Jet Airways, on the verge of going belly-up, has suspended operations on as many as 13 more worldwide routes till end-April even as it grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54. Besides, Jet Airways has also reduced frequencies on seven other overseas routes, mostly from Delhi and Mumbai, as per sources.

The airline has lost ground in terms of market shares, even as its pilots and crew are said to be approaching other airlines for employment.

Flights which have been suspended from Mumbai include services to Abu Dhabi, Bahrain, Dammam, and Hong Kong.

The carrier is said to have delayed payments to banks, suppliers, and aircraft lessors.

Due to lack of funds and no relief package (bailout), the airline controlled by Naresh Goyal has reduced its 600 daily flight operations by one-fourth.

IndiGo is hiring more than 100 Boeing 737 commander level pilots, primarily those exiting Jet Airways, as the country's biggest airline looks to overcome a flying-crew shortage and establish its dominance amid an exodus of personnel from the financially-stressed airline.

Apple unveils new iPad Air and iPad mini
The new iPad Air and iPad mini are already available on the Apple Store website and are expected to hit the shelves next week. To confirm the new iPad mini's power, I ran my usual Geekbench 4 benchmarks to see where the new iPad mini slots in.


US Manufacturing, Services PMI Hints at Slowdown
Casting more shadows on the outlook, companies ran down old orders and raw materials and built up stocks of completed goods. Orders fell again in March, dashing hopes that a rise in February marked the start of a rebound.


New Irish parcel appears identical to UK letter bombs
The New IRA has already carried out a vehicle bomb attack outside a courthouse in Derry city in January. One more suspicious package was received at Glasgow University.


Similarly, flights on the Mumbai-Hong Kong (7 weekly) route will be halted till April 30, while the Kolkata-Dhaka services have also been halted till April 30.

The airline has also suspended services on the Bangalore-Singapore route, where it flies twice daily, till end of April.

The airline has made service reductions to certain worldwide routes like Bangkok, Kathmandu, Singapore and some Middle East destinations like Doha and Kuwait.

On Friday, pilots of Jet Airways urged Prime Minister Narendra Modi and Civil Aviation Minister Suresh Prabhu to instruct the management to release their pending salaries.

Jet, which employs more than 20,000 people, has also been facing pressure from pilots who have not been paid on time, with unions threatening they will walk off the job if salaries do not arrive soon.

"The airline's management says that the company is facing financial crisis and is not able to pay salaries to their pilots and engineers as they draw big packages every month", Valiani said and added that the rest 18,000 low-paid employees were getting their regular salaries. However, it is not clear how many planes the airlines would be taking on lease.

Recommended:



Popular

Image of Jacinda Ardern projected onto world’s tallest building
New Zealand Prime Minister Jacinda Ardern waves as she leaves Friday prayers at Hagley Park in Christchurch , New Zealand. People attend the Friday prayers at Hagley Park outside Al-Noor mosque in Christchurch , New Zealand March 22, 2019.

Matthews' double-double leads Michigan past Grizzlies, 74-55
Montana: The Grizzlies were missing 6-foot-8, 253-pound redshirt senior forward Jamar Akoh once again because of a knee injury. The schools most recently met in the 2013 tournament regional final (Elite Eight) when MI won, 79-59.

Sony launches State of Play livestream for news on upcoming games
According to the company, these " State of Play " (nice name) showcases will highlight PlayStation 4 announcements and updates. A new video program from Sony called State of Play will debut next week, focusing on PS4 and PSVR news and updates.

Winx secures 32nd consecutive win in George Ryder Stakes
But it's all about Winx, who will have one more planned start in the Queen Elizabeth Stakes in three weeks before she is retired. Winx has won a record 32nd straight Group One race, extending her winning streak in her penultimate race.

Axe falls on Japan's Sunwolves, months before World Cup
Japan Rugby Football Union's Chairman Noriyuki Sakamoto speaks during a press conference in Tokyo Friday, March 22, 2019. The Sunwolves joined Super Rugby in 2016.

Wofford Bad Beat: 2 Late Free Throws Swing Bets, Including $110K Wager
I know how much he puts into it and how devastated he is, but we'll get him through that in a hurry. Freshman guard Ashton Hagans added 12 points, five rebounds and four assists.

Yield Curve, Yield Curve, Yield Curve
They are considered the world's safest securities because they are backed by the full faith and credit of the US government. The front-end to intermediate part of the curve inverted for the first time in a decade back in December.

China, US to hold new rounds of trade talks
White House press secretary Sarah Sanders also said Saturday that President Donald Trump is sending U.S. Trump then segued to the European auto sector, including trucks.

Priyanka Chopra Addresses Meghan Markle Feud Rumors
Pictured: The Hollywood actress attending the Longchamp Spring/Summer 2019 Runway Show at World Trade Center in New York City on September 8, 2018.

UK's Theresa May faces pressure to step down to save Brexit
Throngs of protesters filled the streets of London on Saturday demanding a second referendum. "We already put it to the people". Two hundred coaches from around Britain were booked to take people to London for the march.