The Indian airline has debts of more than $1 billionMUMBAI: India’s beleaguered Jet Airways was staring at a fresh crisis on Sunday as hundreds of pilots and other top staff threatened to go on strike over unpaid salaries. The airline, which has debts of more than $1 billion, also cancelled more international flights to Europe and North America for the upcoming week. Employers at India’s stricken Jet Airways protestA Jet spokesperson declined to comment on the proposed strike. Jet has also stopped taking reservations for many international flights, in some cases up to June 10. India’s Jet Airways grounds seven more planesEtihad Airways, which already has 24 per cent, submitted an expression of interest to buy up to 75 per cent, according to media reports.
Source: The Express Tribune April 14, 2019 15:23 UTC