Burdened with high operating costs and a huge debt, Jet Airways has been facing the biggest crisis in its history, according to reports.
Jet Airways Aircraft Maintenance Engineers' Association (JAMEWA) said that it had no plans of going on strike. Adi Partners, a London-based firm, is reportedly also associated with the consortium. "It could be financial investor, it could be airline. including Naresh Goyal himself or Etihad", he said last month. "In another day or two, more than 20,000 people in Jet Airways can be unemployed".
However, Goyal had not met those conditions in his bid submitted on Friday, the sources said adding a final decision on the bid would be conveyed to him after considering legal opinion.
Any move like refusal or delay in the release the fund on the part of the lenders will totally ground the beleaguered Jet Airways immediately, said the report.
It was earlier reported that they would stop flying from Monday, April 15.
Sourav Ganguly bats for his inclusion in WC squad
It may go unnoticed, but Prithvi Shaw's two sixes off Lockie Ferguson in the second over had a multiplier effect on the chase. We were just talking about taking the match deep and that both of us should remain there till the end, Rishabh Pant said.
Pilots at India's Jet Airways have been told by their union to put off a planned strike to give its management and key lender State Bank of India time to strike a deal to keep the debt-laden airline flying, ANI reported on Sunday.
Troubles at Jet Airways mounted on Friday, prompting the Prime Minister's Office to hold an urgent meeting as the carrier's fleet dropped to a mere 11 and it made a decision to extend its cancellation of global operations till Monday.
"Jet Airways has now suspended operations to the SAARC and Asean destinations, as well as to Toronto and Paris from Chennai and back", Jet Airways said in a statement. "In light of the meeting, members have requested through their Team Leaders that call of No Pay No Work be deferred to give the airline a chance of survival".
"Till date we are awaiting the funding and, meanwhile, our beloved airline is dying a slow death along with unpaid salaries of pilots and engineers for over 3 months", a member said. It also announced the resignation of one of its independent directors, Rajshree Pathy, from the company for other commitments. This apart, the airline has also defaulted on the March salary of other categories of employees as well.
According to Hindustan Times, Jet Airways has suspended operations to regions in South Asian Association for Regional Cooperation and Association of Southeast Asian Nations and extended suspension of services to Toronto and Paris from Chennai and back.
National Weather Service meteorologist John Moore said a possible twister touched down Saturday in the Vicksburg, Miss., area. Trees were reported down in each location but there were no immediate reports of damage, injuries or fatalities.
On HBO Go, you can catch up with previous seasons of the series as well as live stream episodes of the new Season 8 as they air. To ensure you have your info all in order, in the United States , episode 1 airs on HBO at 9pm EST on Sunday, April 14.
It's cliche, but the game's creators did talk about Mustafar being a character that we learn more about in this VR series. They must break free and escape Vader's clutches, and are joined by others imprisoned by Vader there.
The dollar index slipped to its lowest against the euro in more than two weeks, making crude cheaper for non-U.S. buyers. OPEC, Russia and other non-member producers are reducing output by 1.2 million bpd from January 1 for six months.
Sony's PlayStation Vue streaming service is another online platform to watch the Game of Thrones series online. We've compiled a list of every famous face that has spoken out about their love of the show in recent years.
If you have one of the newer editions of the Oculus Touch , it might be worth checking to see if there is a message waiting for you.
Cavaliers win lottery odds tiebreaker with Phoenix Suns
Knicks head coach David Fizdale had Ewing speak to his team earlier this season on a trip to Washington to play the Wizards. Because it finished with the league's worst record, NY will select no lower than fifth in June's draft.
Powerful, deadly storms sweep across the South
The children, ages 8 and 3, were dead at the scene, although both parents, who were in the front seat, escaped injury, he said. Multiple people were injured and several homes were damaged in Hamilton, Mississippi, said Monroe County Coroner Alan Gurley.