Jet Airways suspends all flights as lenders reject Rs 400-cr funding - News Summed Up

Jet Airways suspends all flights as lenders reject Rs 400-cr funding


Jet Airways has temporarily suspended all flight operations. Jet Airways had earlier applied to deregister another four Boeing 737 planes, reducing its operational fleet even further. Earlier in the day, civil aviation minister Suresh Prabhu had called for a review of issues related to Jet Airways. With no funding coming forthwith to rescue it, Jet Airways is all set to suspend all operations temporarily from midnight on Wednesday. In his tweets, Mallya wrote that he felt sorry for Jet Airways which was once a major competitor to Kingfisher.


Source: Hindustan Times April 17, 2019 12:28 UTC



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