Cancellation of Jet’s global flights extended, PMO steps in

Cancellation of Jet’s global flights extended, PMO steps in

"It has come to our notice that there is a critical meeting planned on Monday morning with the airline management and SBI".

The Prime Minister's Office is holding an urgent meeting as troubles at cash-strapped Jet Airways increased on Friday.

Kharola later told reporters that the government has advised the airline not to compromise on safety in any manner.

"They (Jet) have suspended their worldwide operations till Monday afternoon".

Union civil aviation minister Suresh Prabhuwhile characterising the problems faced by Jet Airwaysas financial, said banks and the lenders are working on it.

"Depending on what the banks decide, the future course of action would be taken", Kharola said.

It is learnt that the lenders are willing to infuse Rs 20 crore daily till May 7 as they expect the new investor to take control of the airline on the date and the remaining legalities and all other steps of the stake sale process can then be completed by May 31.

Ironically, the strike may not have much of an impact, as the airline is flying a skeletal schedule, and there will be enough non-union pilots to fly these flights.

IOS 13 to Reportedly Include Dark Mode, Multitasking Improvements
In addition to that, the report also suggests that iOS 13 may come with features like new multiwindow support for apps for iPad. However, since shaking an iPad looks a bit weird, iOS 13 is said to bring a new standard undo option for iPad users.

Jet owns 16 out of these 26 aircraft.

Jet Airways flies between Amsterdam and Bengaluru (commonly known as "Bangalore"), Delhi, and Mumbai in India, and also Toronto, Canada. Jet Airways only has seven jets left after dozens of others were seized by creditors in recent weeks.

"We need the infusion of funds today, not after one week when it's too late", said Raman Sharma, a pilot at the protest.

The de-registration request section on the DGCA website showed on Friday that lessors have applied to de-register 19 aircraft owing to unpaid dues.

Any move like refusal or delay in the release the fund on the part of the lenders will totally ground the beleaguered Jet Airways immediately, said the report.

A consortium of USA firm and Jet Airways founder Naresh Goyal's Jetair has reportedly submitted the expression of interest (EoI) for acquiring a stake in the ailing airline with the backing of a London company.

In March, a consortium of lenders led by SBI took control over the management and it was chose to infuse Rs 1,500 crore into the carrier to keep it going till an investor is found.

Related Articles

  • Google & Apple blocks TikTok app in India

    Google & Apple blocks TikTok app in India

    The court appointed senior advocate Arvind Datar as an independent counsel in the case to examine the implications of the app. The ban order came after the court noted that children were being exposed to pornographic and inappropriate material.
    NBA Playoffs shootaround: opening round preview and predictions

    NBA Playoffs shootaround: opening round preview and predictions

    Oklahoma City will take on the Milwaukee Bucks who possess an NBA-best 60-21 record meaning that a victory is far from assured. By no means is that his fault, but the fact of the matter is Boston doesn't have time to wait for Hayward to be fully healthy.
    Three killed in Aircraft runway accident

    Three killed in Aircraft runway accident

    Following the crash, authorities suspended services at Tenzing Hillary Airport at Lukla, the gateway to Mount Everest . Tenzing Hillary Airport is often referred to as the world's most risky because of the short runway and hard approach.
  • After Russell Wilson’s huge deal, speculation turns to Patrick Mahomes’ next contract

    After Russell Wilson’s huge deal, speculation turns to Patrick Mahomes’ next contract

    Following the news , Ciara took to Instagram to share a pic of Wilson in action on the field, along with a sweet caption. Coach Pete Carroll, also speaking at the end of the season, said a Wilson extension was "very much in our plans".
    Netflix brushes off streaming threats from Apple, Disney

    Netflix brushes off streaming threats from Apple, Disney

    But that might actually be good news for viewers who aren't keen on getting only a bunch of new Disney movies. The company had started developing potential shows and many of them hails from Star Wars , Pixar, and Marvel.
    Star Wars: The Rise Of Skywalker’s Ending Was Changed During Filming

    Star Wars: The Rise Of Skywalker’s Ending Was Changed During Filming

    This weekend's reveal of Star Wars Jedi: Fallen Order was met with a lot of enthusiasm from the gaming public. It's still Star Wars , and holding on to the DNA of what George created is still very important to us".
  • Ole Gunnar Solskjaer: we'll add one or two this summer

    Ole Gunnar Solskjaer: we'll add one or two this summer

    Both could have been avoided, even if Young's turn on the edge of his own box was punished in devastating fashion. Lionel MESSI scored twice in the Champions League for FC Barcelona in their 3-0 win against Manchester United .
    Scientists print first 3D heart using a patient’s own cells

    Scientists print first 3D heart using a patient’s own cells

    The researchers are now planning on culturing the printed hearts in the lab and "teaching them to behave" like hearts, Dvir said. "People have managed to 3D-print the structure of a heart in the past, but not with cells or with blood vessels", he said .
    Google teases new Pixel launch event for May 7

    Google teases new Pixel launch event for May 7

    The event is scheduled for May 7th which obviously is the first day of this year's I/O developer conference in Mountain View. The superheroes include Iron Man, Captain America, Hulk, Nebula, and Okoye that will be accessible through Playground.
  • Friday's auto racing roundup: Harvick wins pole at Richmond

    Friday's auto racing roundup: Harvick wins pole at Richmond

    Harvick was sixth in the first round, second to Kyle Busch in the second round and first with the pole at stake. Busch admits that luck has been on his side at times this season, as well as momentum.
    Honor View 20 Is the Best Android Phone in 2019 So Far

    Honor View 20 Is the Best Android Phone in 2019 So Far

    The smartphone, reportedly dubbed Honor 8S , will come with a waterdrop notch display and an octa-core processor under the hood. March's leak claimed that the Honor 20 will ship with a triple-lens camera that's comprised of 48MP, 20MP, and 8MP sensors.
    Celtics vs. Pacers prediction: IN  has shot to steal Game 1

    Celtics vs. Pacers prediction: IN has shot to steal Game 1

    The Celtics pulled ahead and stayed ahead, something I don't remember them doing all year, save a 56 point win in Chicago. Meanwhile, the win was the Celtics' first all season in 10 games when they scored fewer than 100 points.