Jet Airways suspends all flights, awaits investor bids
Jet Airways Boeing 737-900
Rob Finlayson
India’s Jet Airways has suspended all remaining flight operations after failing to gain emergency funding.
The carrier announced a “temporary suspension,” with last flights April 17. The carrier is still hopeful of reviving operations if a new investor can be found during a formal bid process being conducted by its creditors.
Jet Airways has been progressively grounding aircraft since February as it defaulted on lease payments.