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   AVIATION      Aviation echo, airline-related news      717 messages   

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   Message 149 of 717   
   Aviation HQ to All   
   The end for Jet Airways   
   21 Apr 19 21:26:11   
   
   MSGID: 2:292/854 171c2106   
   Jet Airways has operated its last flight, the airline reports. The ailing   
   company is desperate for money, but an application for a million credit with   
   the state bank SBI of India has been rejected.   
       
   The problems at Jet Airways have accumulated in recent weeks. Salaries were   
   not paid, angry leasing companies claimed rented aircraft and the network fell   
   apart. Handling agent WFS had a Boeing 777 chained up at Schiphol Airport due   
   to unpaid bills, and fuel suppliers also discontinued their services to Jet   
   Airways.   
       
   There is still no question of a bankruptcy application, since negotiations are   
   still taking place with potential investors behind the scenes. Whether these   
   talks will arrive on time to save Jet Airways is highly questionable. The   
   deadline for a solution has been set on 10 May.   
      
   --- D'Bridge 3.99 SR41   
    * Origin: AVIATION ECHO HQ (2:292/854)   
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