Jet Airways Suspend Services to 13 International Routes till April-End Due to Non-Payment of Rentals
March 23, 2019 11:56(Image source from: Skift)
Jet Airways has suspended operations on as many as 13 more international routes till end-April, on the verge of going bankrupt. The airways have even grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54.
Besides, the airline has also reduced frequencies on seven other overseas routes, mostly from Delhi and Mumbai, according to airline sources.
"... an additional seven aircraft including two planes of JetLite, have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements," the airline said in a filing to the stock exchanges late evening Friday.
Sources: Jet Airways has suspended its services on these routes- Mumbai-Abu Dhabi (12 weekly), Mumbai-Bahrain (4-7 weekly), Mumbai-Dammam (14 weekly), Mumbai-Hong Kong (7 weekly), Pune-Abu Dhabi (7 weekly), Pune-Singapore (7 weekly) https://t.co/p915tpbGk3
— ANI (@ANI) March 23, 2019
The company said that as mentioned earlier, it is actively engaged with all its aircraft lessors and is on a regular basis providing them with updates on the efforts taken to improve the liquidity.
Earlier, sources said routes, where services have been temporarily withdrawn, include Pune-Singapore (seven a week), which was started with much fanfare late last December, and Pune-Abu Dhabi (seven flights a week).
The Mumbai-Manchester route has already been suspended by the Jet Airways. Gasping for funds and no bailout on the horizon, the Naresh Goyal-controlled airline has now reduced its operations to one-fourth from over 600 daily flights earlier, with just one-third of its 119 fleets being operational.
The airline has interrupted services from Delhi to Abu Dhabi (nine a week), Dhaka (11), Dammam (14 weekly), Hong Kong, and Riyadh (seven each a week) up to April 30, according to the airline source. In addition, the airline has also suspended services on the Bangalore-Singapore route, where it flies twice every day, till April 30.
The flights which have been suspended from Mumbai for this period include services to Abu Dhabi (12 weekly), Bahrain (4-7 weekly), and Dammam (14 weekly). These services will remain suspended until April 30, according to the source.
Likewise, flights on the Mumbai-Hong Kong (7 weekly) route will also not be operated between March 23 and April 30, while the Kolkata-Dhaka services have also been suspended till April 30.
Additionally to this, services from Delhi and Mumbai to Kathmandu, Bangkok, Doha, Kuwait, and Singapore have been also reduced notably.
By Sowmya Sangam