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

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

The carrier’s fleet plummeted to a mere 11 and it decided to extend its cancellation of global operations till Monday.

According to officials aware of discussions, the meeting was called after civil aviation minister Suresh Prabhu asked the secretary of the department Pradeep Singh Kharola to evaluate issues concerning Jet Airways.

After taking part in the meeting at the PMO, Kharola held a meeting through video conference with the management of Jet Airways.

Jet has been reeling under a severe liquidity crunch, which has forced it to ground jets for which leases have gone unpaid.

The airline is also facing objections from its employees, who have not been paid on time for months.

Kharola told media persons that Jet Airways flew only 11 aircraft on Friday and will fly six to seven aircraft on both days this weekend on domestic routes.

He said the airline had enough funds to keep operations going on till Monday. A consortium of bankers led by State Bank of India is managing the airline.