Jet Airways has operated its last flight, the airline reports. The ailing
company is desperate for money, but an application for a million credit
with the state bank SBI of India has been rejected.
 
The problems at Jet Airways have accumulated in recent weeks. Salaries were
not paid, angry leasing companies claimed rented aircraft and the network
fell apart. Handling agent WFS had a Boeing 777 chained up at Schiphol
Airport due to unpaid bills, and fuel suppliers also discontinued their
services to Jet Airways.
 
There is still no question of a bankruptcy application, since negotiations
are still taking place with potential investors behind the scenes. Whether
these talks will arrive on time to save Jet Airways is highly questionable.
The deadline for a solution has been set on 10 May.

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