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India to probe can Jet Airways fly overseas at all

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Christian Fernsby ▼ | April 14, 2019
India's government said Friday it would investigate Jet Airways' ability to keep flying as the debt-stricken carrier fights for survival.
Jet Airways
Asia   Aviation minister Suresh Prabhu tweeted that his ministry would "review iss
The announcement came after Jet cancelled most of its international flights Thursday and as lenders desperately seek a buyer to keep the beleaguered airline running.

Aviation minister Suresh Prabhu tweeted that his ministry would "review issues related to Jet Airways" and "take necessary steps to minimise passenger inconvenience and ensure their safety".

Jet was until recently India's second-biggest airline by market share but is close to going under with debts of more than $1 billion.

The Mumbai-based carrier has been forced to ground the majority of its fleet after months of defaulting on loans and struggling to pay lessors and staff.

It told the Bombay Stock Exchange Thursday that it had grounded 10 more planes due to non-payment.

The airline is believed to now be operating just 16 planes out of a fleet of 119. That is below the 20 required by Indian aviation regulators to fly overseas. â– 


 

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