The Indian carrier confirmed the move in a statement issued on Wednesday afternoon (17 April) following crunch talks with a consortium of its key lenders, led by State Bank of India.
“Since no emergency funding is forthcoming, the airline will not be able to pay for fuel or other critical services to keep operations going,” said Jet.
“Consequently, with immediate effect, Jet Airways is compelled to cancel all its international and domestic flights. The last flight will operate today (17 April).
“Over several weeks and months, the company has tried every means possible to seek both interim and long-term funding. Unfortunately, despite its very best efforts, the airline has been left with no other choice but to go ahead with a temporary suspension of flight operations.”
Jet said it would inform all prospective passengers via text or email and wished to “sincerely and profusely” apologise for any disruption to their travel plans.
“The airline would like to thank them for their continued patronage, support and loyalty over the years,” it added.
