India's embattled Jet Airways put photographs of smiling women employees on...
NEW DELHI - India’s embattled Jet Airways put photographs of smiling women employees on social media last week for Women’s Day, using the tagline “Standing tall; touching the skies” but few passengers reacted cheerfully.
India’s second-largest carrier, grappling with debt of more than $1 billion, Jet has delayed payments to banks, lessors, vendors and staff. Lessors have grounded more than three dozen planes, forcing hundreds of flights to be canceled. Agarwal, who is based in the capital, New Delhi, had to pay nearly twice as much for new tickets, he said.The airline, partly owned by Etihad Airways, did not respond to a request from Reuters for comment.Amid talks for a bailout led by state-run banks, lessors have forced the airline to ground at least 37 planes over non-payment of dues and some have also threatened repossession.
Monday’s tally of about 330 flights compared with a daily average of nearly 650 in March 2018, a second source said, adding that short notice about grounded planes triggered many unplanned cancellations.
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