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Jet Airways ceases all operations as emergency funding bid fails

Air
James Chapple
17 April 2019

Jet Airways will “temporarily” cease all domestic and international operations after failing to secure the emergency funding it required to keep its aircraft flying.

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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).