After drastically reducing its programme and services, then cancelled all its international flights, Jet Airways has ceased all operations. The Indian carrier announced this on Wednesday, as the State Bank of India (SBI) was unable to validate its request for financing. " The airline will not be able to pay for fuel or any other service essential to the maintenance of its operations. Consequently and with immediate effect, Jet Airways is forced to cancel all its international and domestic flights. The last flight will be operated today "said the press release published on 17 April. The management of Jet Airways cites " a very difficult decision "a " extreme action "and hopes to bring back "The Joy of Flying to its customers as soon as possible ".
For the time being, the airline's future is in the balance, with the date of 10 May in their sights. This is when the bidding process for a potential buyer will come to an end, the deadline having already been postponed once. The threat of bankruptcy hangs over Jet Airways more than ever, while other carriers - operating in a different niche, that of long-haul low-cost services - have recently had to close up shop. Two weeks earlier, Wow Air announced the end of its operations. And the latest reports in the local media do not bode well for Jet Airways. The government is already preparing to allocate the slots left vacant by Jet Airways to its rivals...
