New Delhi: A European cargo firm has seized one Jet Airways aircraft in Amsterdam for non-payment of dues. Earlier on Wednesday, the pilots of the airline sent a notice to the airways threatening legal action over unpaid salaries.
The premier airline is facing its worst financial crisis in 25 years. Jet Airways has massively reduced its operations from its main hub Mumbai to just about 32 flights, according to reports.
This is the first time an aircraft has been seized from the airline for non-payment of dues.
Flight (9W321) was to operate a flight from Amsterdam on Thursday, according to an airline source.
"The cargo agent seized Boeing 777-300 ER (VT-JEW) of Jet Airways at the Amsterdam airport as the airline could not clear his dues," the airline source told news agency PTI.
The airline, which was rescued by banks just a month ago after principal promoter Naresh Goyal quit the airline's board, has grounded more than three-fourths of its fleet due to non-payment of lessors' rentals'; it is operating roughly 32 planes out of its 119-plane strong fleet.
Adding to the woes, the airline has failed to pay salaries to its existing employees, forcing them to send a legal notice to the management, which is currently headed by the lenders led by State Bank of India (SBI).
10/04/19 India Today
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The premier airline is facing its worst financial crisis in 25 years. Jet Airways has massively reduced its operations from its main hub Mumbai to just about 32 flights, according to reports.
This is the first time an aircraft has been seized from the airline for non-payment of dues.
Flight (9W321) was to operate a flight from Amsterdam on Thursday, according to an airline source.
"The cargo agent seized Boeing 777-300 ER (VT-JEW) of Jet Airways at the Amsterdam airport as the airline could not clear his dues," the airline source told news agency PTI.
The airline, which was rescued by banks just a month ago after principal promoter Naresh Goyal quit the airline's board, has grounded more than three-fourths of its fleet due to non-payment of lessors' rentals'; it is operating roughly 32 planes out of its 119-plane strong fleet.
Adding to the woes, the airline has failed to pay salaries to its existing employees, forcing them to send a legal notice to the management, which is currently headed by the lenders led by State Bank of India (SBI).
10/04/19 India Today
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