Indian Jet Airways future in doubt…suspends all its international flights

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Jet Airways, India’s largest private airline, suspended all its international flights, raising fresh fears about it’s survival.

The airline, saddled with more than $1bn of debt, is seeking a financial lifeline to avoid collapse.

The Indian government said steps were being taken to ensure passenger safety.

On Thursday, the airline grounded 10 more planes over unpaid fees to leasing firms and several local media reported the airline is now operating 14 planes.

Rules stipulate that carriers in India must maintain a fleet of least 20 aircraft to continue to operate international services.

The airline flies on 600 domestic and 380 international routes.

Via CNN

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