Jet Airways now has 26 planes in its fleet, down from its original strength of 119 a few months back. The distressed airline on April 2 said it had grounded 15 more aircraft after failing to pay its lessors.
This is the airline's smallest fleet since the turn of the century. It had begun operations in 1993 with a fleet of four planes.
The 26-aircraft fleet now include 10 B737, seven B777, three A330 and six ATR aircraft, sources told Moneycontrol.
In a statement to the BSE on April 2, the airline said it has grounded 15 more aircraft "due to non-payment of amounts outstanding to lessors under their respective lease agreements."
Clarifying on doubts if it can operate international routes, Jet Airways on April 3 said: "As informed to the regulator (DGCA), the airline is operating a curtailed schedule with sufficient number of aircraft and is compliant with applicable guidelines."
Apart from the truncated fleet, the airline is also struggling to retain its pilots. While the pilots union had deferred its strike to April 15 after salary dues of December 2018 were cleared by the airline, many pilots have joined rivals such as IndiGo, GoAir and SpiceJet.
The pilots had originally planned to go on a strike on April 1. They are yet to receive salaries for the last three months, starting January.
Jet Airways has offered many of them to go on a 'long break". Offering a six month sabbatical to its pilots, the airline on April 2 shared a new roster for its Boeing 737 aircraft crew.
03/04/19 Prince Mathews Thomas/Moneycontrol.com
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This is the airline's smallest fleet since the turn of the century. It had begun operations in 1993 with a fleet of four planes.
The 26-aircraft fleet now include 10 B737, seven B777, three A330 and six ATR aircraft, sources told Moneycontrol.
In a statement to the BSE on April 2, the airline said it has grounded 15 more aircraft "due to non-payment of amounts outstanding to lessors under their respective lease agreements."
Clarifying on doubts if it can operate international routes, Jet Airways on April 3 said: "As informed to the regulator (DGCA), the airline is operating a curtailed schedule with sufficient number of aircraft and is compliant with applicable guidelines."
Apart from the truncated fleet, the airline is also struggling to retain its pilots. While the pilots union had deferred its strike to April 15 after salary dues of December 2018 were cleared by the airline, many pilots have joined rivals such as IndiGo, GoAir and SpiceJet.
The pilots had originally planned to go on a strike on April 1. They are yet to receive salaries for the last three months, starting January.
Jet Airways has offered many of them to go on a 'long break". Offering a six month sabbatical to its pilots, the airline on April 2 shared a new roster for its Boeing 737 aircraft crew.
03/04/19 Prince Mathews Thomas/Moneycontrol.com
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