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Indian Aviation Minister Suresh Prabhu asks secretary to review Jet Airways issue

Indian Aviation Minister Suresh Prabhu asks secretary to review Jet Airways issue

India Blooms News Service | @indiablooms | 16 Apr 2019, 09:56 am

New Delhi, Apr 16 (IBNS/UNI) Civil Aviation Minister Suresh Prabhu on Tuesday directed Secretary Pradeep Singh Kharola to review cash-strapped airline Jet Airways issues, especially increasing fares and flight cancellations.

'Directed Secretary @MoCA_GoI to review issues related to Jet Airways, especially increasing fares, flight cancellations etc. Asked him to take necessary steps to protect passenger rights and safety; and to work with all stakeholders for their well being,' Prabhu tweeted.

The debt-ridden airline Jet Airways had on Monday extended the cancellation of international operations till April 18, due to no 'interim funding from the lenders'.

'As you are aware, we have been working with the lenders to secure interim funding for our operations. The interim funding has not been forthcoming thus far, and as a result of this we have extended cancellation of international operations through April 18,' airline CEO Vinay Dube said in a statement here.

The Jet Airways Board is meeting today also to discuss the current status of engagement with the lenders and other related matters.

Meanwhile, some media reports said that Jet Airways founder Naresh Goyal has said he will not bid to acquire a stake in the cash-strapped airline.

The decision by Goyal, who along with his wife Anita stepped down from the airline's board last month, comes at a time the debt-ridden airline is struggling to stay afloat, and owes vast sums to lessors, suppliers, pilots and oil companies, reported NDTV.
 

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