Jet Airways Crisis: 260 Pilots, Grounded Planes Lessors Approach SpiceJet

INSUBCONTINENT EXCLUSIVE:
around 260 of its pilots have applied to join SpiceJet, even as investors like public sector banks struggle to stitch a rescue plan for the
airline.The development took place on Wednesday when pilots of the beleaguered airline applied for jobs in SpiceJet's open interview
sessions held here on Wednesday."Out of the 260 pilots, 150 are senior commanders
currently has 1,900 pilots on its rolls
They are now being looked by all other domestic airlines, especially those who are looking at international expansion
apparent jostle of pilots to get out of Jet Airways comes as the airline's lessors offered 50 of its Boeing aircraft to
is regularly grounding its aircraft as it is unable to pay the dues to its lessors
the Directorate General of Civil Aviation (DGCA) said Jet Airways has only 41 aircraft in its fleet for operations and that there may be
sector banks met Finance Minister Arun Jaitley here on the future of the financially troubled Jet Airways against the backdrop of
airline's partner Etihad apparently refused to inject any further funds into the financially bleeding airline, leaving only the public
SpiceJet's Ajay Singh might be some of the contenders in the race
However, Air India could not be entrusted with such a responsibility due to its own financial difficulties or even the Tata Group which is
already invested in two airline ventures -- Vistara and AirAsia India -- leaving Mr Singh, who has been credited with the turnaround of
SpiceJet from a brink of collapse.On Wednesday, the Prime Minister's Office marked its direct involvement as its Principal Secretary
Nripendra Mishra, along with State Bank of India Chairman Rajnish Kumar and Civil Aviation Secretary Pradeep Singh Kharola met Mr Jaitley to
to stop flying from April 1 if a complete clarity on the resolution plan is not brought to their notice by March 31.Get the latest election
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