The news of Goyals' departure from Jet Airways has had a favorable response in the share market. In afternoon trade, shares of Jet Airways rose nearly 15 per cent to Rs 261 on the BSE.
Jet Airways, on the verge of going belly-up, has suspended operations on as many as 13 more international routes till end-April, besides scaling down frequencies on seven other overseas routes, mostly from Delhi and Mumbai, according to airline sources.
The harried pilots of Jet Airways, which is on the brink of shuttering operations, have now approached SpiceJet seeking employment.
More than 200 pilots marched to Jet Airways' headquarters here after the meeting, which was held at a nearby hotel.
The Jet Airways' Aircraft Maintenance Engineers' Union wrote to the aviation regulator on Tuesday morning that three months' salary was overdue to them and flight safety is at risk.
The airline's aircraft maintenance engineers' union wrote to the aviation regulator on Tuesday that three months of salary was overdue to them and flight safety "is at risk".
Earlier this month, Jet Airways Chairman Naresh Goyal said that more than 50 of its aircraft were not operating.
With regular grounding of aircraft, sources said close to 50 per cent of airline's fleet is not operational. Analysts said the situation is fast moving on the path taken by now defunct Kingfisher Airline.
As many as 149 passengers, including Indians, were killed when a Boeing 737 MAX plane operated by Ethiopian Airlines crashed soon after taking off from Addis Ababa.
According to a report, the airline has raised loan worth Rs 1,100 crore and a non-fund based credit facility of Rs 950 crore from PNB.
More aircraft of beleaguered private carrier Jet Airways have been grounded, mainly due to non-payment to lessors, taking the total number to 49, senior DGCA official said on Thursday.
Around 15 aircraft of Jet Airways have been grounded by the lessors due to non-payment. Jet is trying to raise funds for its operations as it has a debt of around Rs 8,200 crore currently.
Jet Airways on Thursday said that it has grounded six more aircraft, taking the total to 19, over its non-repayment of dues. "Further to our letter dated 27 February 2019, we now write to inform you that an additional six aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements," the airline said in a regulatory filing on Thursday, IANS reported.
In the wake of escalating tensions with India, Pakistan on Wednesday closed its airspace for commercial flights and suspended flight operations across major airports, including in Islamabad, Lahore and Karachi, for an indefinite period.
These flights were cancelled following grounding of six Boeing 737 planes due to non-payment of lease rentals.
The airline, which is grappling with acute financial woes, cancelled around 20 flights on Tuesday as three more Boeing 737 aircraft were grounded.
Jet Airways Chairman Naresh Goyal has told the State Bank of India (SBI) that he is ready to invest up to Rs 700 crore in the airline on the condition that his stake does not fall below 25 per cent.
Goyal’s offer comes against the backdrop of strategic partner Etihad reportedly putting forward strict conditions, including that Goyal should give up control, for infusing funds into the crisis-hit carrier.
According to reports, Etihad might have to make an open offer in case it is hiking the stake in Jet Airways.
On the National Stock Exchange, the stocks slumped 4.57 per cent to the low of Rs 248.
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