New Delhi: Jet Airways' management on Tuesday informed the Civil Aviation Ministry that it would fly 40 more aircraft by April end and also assured that it would not ground any more aircraft, Civil Aviation Secretary Pradeep Singh Kharola said.
"By Monday or Tuesday, Jet and the lessors should come into an agreement on getting back the grounded planes. By the end of April, Jet would be able to fly 40 more aircraft. As on today, Jet is flying 35 aircraft," Kharola said after meeting with the Jet management including representatives of the State Bank of India (SBI).
The meeting took place post the management takeover by the SBI and its subsequent Rs 1,500 crore capital infusion for emergency funding on working capital needs.
A total of 75 aircraft is envisaged by April end which is around 80 per cent of the Jet's total aircraft previously, he said.
Elaborating on the operational part, Kharola said the financial part of the problem at the airline are being handled by the lenders led by the SBI and the Ministry is only looking at the passenger safety aspects so that they don't have to face any hardship.
He also said the government is also keeping a close watch on the airfares and the Directorate General of Civil Aviation has suggested to the airlines not to resort to predatory pricing.
27/03/19 PTI/India Today
To Read the News in full at Source, Click the Headline
"By Monday or Tuesday, Jet and the lessors should come into an agreement on getting back the grounded planes. By the end of April, Jet would be able to fly 40 more aircraft. As on today, Jet is flying 35 aircraft," Kharola said after meeting with the Jet management including representatives of the State Bank of India (SBI).
The meeting took place post the management takeover by the SBI and its subsequent Rs 1,500 crore capital infusion for emergency funding on working capital needs.
A total of 75 aircraft is envisaged by April end which is around 80 per cent of the Jet's total aircraft previously, he said.
Elaborating on the operational part, Kharola said the financial part of the problem at the airline are being handled by the lenders led by the SBI and the Ministry is only looking at the passenger safety aspects so that they don't have to face any hardship.
He also said the government is also keeping a close watch on the airfares and the Directorate General of Civil Aviation has suggested to the airlines not to resort to predatory pricing.
27/03/19 PTI/India Today
0 comments:
Post a Comment