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Jet Airways pilots defer strike before creditors meeting

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Christian Fernsby | Monday April 15, 2019 4:12AM ET
Jet Airways
Asia   Jet is battling for survival

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.


A tweet from ANI reporting the move cited a message to Jet Airways staff from the National Aviator's Guild, which had earlier advised more than 1,000 pilots who have not been paid for three months to stop flying from Monday.

With more than $1.2 billion of bank debt, Jet is battling for survival and has yet to receive a loan of about $217 million as part of a March rescue deal.

 

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