Indian carrier Jet Airways has grounded a further six aircraft for default payments – raising the number of grounded aircraft to at least 48 jets.
The country’s second-largest Airline has been saddled with over $1 billion in debts.
Jet Airways has delayed payments to its pilots, suppliers and lessors for months and defaulted on loans, as it battles intensifying competition, a weak rupee and rising fuel costs.
In the meantime, Pilots association said, “If there is no proper clarity on the resolution process and salary payments, by 31 March, we will stop flying from 1 April,”.
Also airline’s aircraft maintenance engineers’ union had written to DGCA to say that three months of salary was overdue, and flight safety was “at risk”.
Indian government has called for an emergency meeting as the 25-year-old airline is in deep crisis, and Etihad opted to sell its stake with the airline.