The collapse of Jet Airways was a reflection of the challenging environment in the country, including high operating costs and a regulatory regime that restricts the ability of airlines to operate as normal commercial businesses, according to the IATA
"Wish I could go back in time", yearns a pilot who was in the cockpit of a Jet Airways plane that landed little past midnight at Mumbai airport on April, 2019. Not many thought it will be the last flight of the once-storied carrier, where scores of pilots and other staff served for at least two decades
Jet Airways crisis: Pilots, engineers unions, 2 Dutch vendors seek to be made parties to bankruptcy hearings
Jet Airways owes over Rs 3,000 crore to its 23,000 employees who have not been paid since March and some of them like engineers and pilots were getting part salaries since last December.
Embattled Jet halted all flight operations indefinitely on 17 April after its lenders rejected its plea for emergency funds
Over 1,300 pilots are on the street after Jet Airways announced halting of operations on 17 April, endangering the jobs of over 20,000 employees.
Jet Airways had on 17 April announced temporary suspension of operations after it failed to receive emergency funds from lenders, leaving about 23,000 employees to face a bleak future.
Air India Express parent, Air India, is already discussing a proposal to lease five of Jet Airways wide-body planes, Boeing 777s.
SpiceJet hires 500 employees, including 100 pilots from grounded Jet Airways; to give priority to those who lost jobs
Budget carrier SpiceJet Ltd said on Friday it will prioritise hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit airline halted all flight operations indefinitely this week.
Jet Airways pilots appealed for intervention from Prime Minister Narendra Modi, who is facing wider criticism over the scarcity of jobs as he campaigns for re-election in polls now underway.
Jet Airways crisis: Pilots body appeals SBI to release Rs 1,500 crore, asks Narendra Modi to save 20,000 jobs
Jet Airways is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash
Jet Airways crisis: Airline's domestic pilots body serves legal notice, sets 14 April deadline to clear salary dues
Jet Airways domestic pilots body, the National Aviators Guild (NAG) on Tuesday served a legal notice to the airline, setting 14 April deadline for the new management to clear their salary dues
Acute financial crunch has forced Jet Airways to ground aircraft, cancel flights and delay payment of salaries, including to pilots.
Jet Airways pilots defer strike to 15 April; SBI-led consortium says can remit only December salary to staff
Jet Airways has been defaulting on salary payments to pilots, engineers and senior management since August last year
The State Bank of India-led consortium of lenders is working on a resolution plan for the cash-strapped Jet Airways for the last five months.
Jet Airways' pilots write to Prime Minister Narendra Modi, civil aviation minister to intervene, urge management to pay salaries
Naresh Goyal-led Jet Airways is facing the worst financial crisis of its 25-year existence with more than $1 billion of debt
IndiGo said all job offers are in line with its current terms and conditions
Jet Airways has partially paid the salaries of these staff members for September even as the full salaries of October and November remain unpaid.
Jet Airways salary delay: Pilots not to perform additional duties from next month if dues not cleared by 30 November
Jet Airways has been reporting losses since last three successive quarters and defaulting on salary payments to a section of its staff.
Jet Airways staff association flags concerns; seeks clarity from airline on issues leading to current situation
Jet Airways staff association has also raised serious concerns about media reports and social media messages "relating to the insolvency of the company, concerns of violations of law, Sebi investigation into fraudulent transactions and other management actions".
Jet Airways said in a communication to its employees on Tuesday said that the salaries will be disbursed in a staggered manner