Jet Airways pilots threaten strike amid more flight cancellations

Jet Airways pilots threaten strike amid more flight cancellations

Pilots at the troubled airline Jet Airways are protesting outside their company headquarters as the carrier announced it was grounding all worldwide flights.

Jet Airways aircrafts are seen parked at Chhatrapati Shivaji Maharaj International Airport in Mumbai, Monday, April 15, 2019. "Pilots, engineers and managers have not received salaries for the last three months, and salaries have been irregular for the last seven to eight months", said Valiani.

Meanwhile, the crisis in Jet Airways has deepened as the airline could operate only 11 aircraft on Friday, leaving passengers stranded at various domestic and global airports and prompting the Prime Minister's Office (PMO) to hold an urgent meeting to discuss the situation. "We also appeal to Prime Minister Narendra Modi to save 20,000 odd jobs at the airline".

On its part, the airline said it has cancelled all worldwide operations from April 12 to 15.

As many as 1,000 pilots of the union, National Aviator's Guild (NAG), will meet on Monday morning to decide on whether the pilots will fly or not, due to non-payment of salaries.

The official said that the airline has suspended its global operations till Monday.

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Jet Airways is now engaged in talks with lenders to try to keep the struggling airline afloat.

Once India's second-biggest airline by market share, the Mumbai-based firm has defaulted on loans and struggled to pay aircraft lessors and staff.

A meeting is underway between the airline management and the lenders, and a decision on the fund infusion is likely to take place today.

A consortium of lenders led by the State Bank of India started the stake sale process on Monday. Earlier, the Indian government was said to be looking into options to save jobs at Jet Airways, including by asking other airlines such as low-priced operator SpiceJet Ltd.to consider taking over some aircraft, according to people familiar with the matter.

Another report said that lenders to Jet Airways may not consider an initial bid from Goyal to regain control of the troubled airline as he did not fulfil certain conditions set by them while submitting the EoI on Friday.

Friday was the deadline for prospective bidders to express an interest in acquiring a 75 percent stake in Jet. Therefore the "call of No Pay No Work stands deferred for the time being" to give the airline a chance of survival, it said.

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