Jet Airways plunges 18% on likely shutdown of operations
16 April, 2019, 11:56 | Author: Regina Silva
With no funds coming from lenders, the management and the staff of the beleaguered airline conducted a puja at the Jet hangar of the Mumbai airport on April 14.
He added that the airline's worldwide operations will remain suspended till April 18.
"The interim funding has not been forthcoming thus far, and as a result we have extended cancellation of worldwide operations through Thursday", said CEO Vinay Dube in a letter on Monday to Jet's over 20,000 employees.
No decision on interim funding has further led to extension of the suspension of the airline's global operations. With no funds coming from lenders, the beleaguered airline has extended suspension of its global operations till April 18. "We will keep you updated on all the critical developments", the CEO assured employees. "Please note that the current status of our engagement with the lenders and other related matters shall be placed before the Board in the meeting scheduled for tomorrow morning, where the management will seek guidance from the Board on the next steps forward".
Jet Airways has more than Rs 8,000 crore in debt and is looking for urgent liquidity infusion to pay its pilots, engineers and make payments to its lessors.
The company is likely to temporarily shut down of operations, quoting Sources, reported CNBC-TV18. What was once a 123-aircraft fleet has now been reduced to a meagre seven-plane operation. The airline had met lenders last Friday who asked Jet to submit a fresh plan for seeking emergency funds.
Further evidence that this announcement might pertain to the Pixel 3a and Pixel 3a XL comes from 9to5Google's Stephen Hall. Furthermore, it's also said that the unannounced Pixel 3a and Pixel 3a XL are also going to be heading to the Un-Carrier.
Democrats who criticized the president over the tweet defended Omar, with some noting their past disagreements with her. Sanders questioned why Democrats weren't following Trump's example and calling out Omar, too.
They used a rope to pull the shivering dog to safety, Payalaw said, adding that the rescue mission took about 15 minutes. We looked for a way to help her and in the end, chose to use the rope to tie around her body to lift her up.
The episode topped the 16.1 million who saw the seventh-season premiere and the 16.9 million who watched that season's finale. If the show's final season can manage to top that, then " Game of Thrones " really will be going out on a high.
The majority of the new cases are connected to an outbreak in New York City and New York State, Cohn says. Measles can be serious for all age groups, but it is most risky for children under 5 and adults over 70.
Manuela Schär , of Switzerland, has won the women's push rim race for her second time, finishing at an unofficial time of 1:34:19. But overnight thunderstorms moved on before the runners left Hopkinton; the sun even made an appearance about halfway through.
The activists are also planning road blocks at Marble Arch, Oxford... 'Today's protest by Extinction Rebellion has now concluded. So far the police appear to be tolerating it, but the organisers say this is far from a one-day event.
Winterkorn, who became VW's chief executive in 2007, resigned soon after the scandal over polluting vehicles broke in 2015. Winterkorn, 71, remains in Germany, which does not typically extradite its citizens for prosecution in USA courts.
Watford are now 10th, but with a game in hand over Everton and Leicester, Gracia knows the importance of making that count. Against Arsenal, Gracia will go up against his former Real Sociedad teammate Unai Emery .
Wilson will report to Seahawks even without new deal
If the Seahawks can't lock up Wilson to a new deal, the franchise likely will use the franchise tag on the quarterback. Rodgers is back atop the quarterback pay scale after signing an extension past year that averages $33.5 million.
Alex Ovechkin Knocks Out Andrei Svechnikov in Game 3
The 19-year-old Svechnikov who was taken No. 2 overall in last year's draft has two goals and an assist in the series. The Carolina forward fell to the ice and hit his head, prompting teammates to help him to the locker room.
Measles cases rose almost four-fold in first quarter 2019
About 1 out of every 1,000 children who gets measles will develop encephalitis or swelling of the brain, according to the CDC . Most of the cases have been in NY , site of an outbreak among ultra-Orthodox Jews that started in the fall.
Kings officially name Walton as new head coach
Sacramento had its most wins since going 44-38 in 2005-06 during coach Rick Adelman's final season. The other coach who is reportedly in the mix is former Cleveland Cavaliers head coach Tyronn Lue.
Sudan military rulers meet United States envoy in Khartoum
The deputy leader also told the U.S. envoy how the military council would "preserve the security and stability of the country". The re-instatement of the country's 2005 constitution, which the military council suspended shortly after ousting Bashir.