The Indian carrier confirmed the move in a statement issued on Wednesday afternoon (17 April) following crunch talks with a consortium of its key lenders, led by State Bank of India.
“Since no emergency funding is forthcoming, the airline will not be able to pay for fuel or other critical services to keep operations going,” said Jet.
“Consequently, with immediate effect, Jet Airways is compelled to cancel all its international and domestic flights. The last flight will operate today (17 April).