Airlines body IATA suspends Jet from clearing house membership

"Jet Airways has been suspended from the IATA Settlement Systems following the airline's announcement of the temporary suspension of flight operations," later IATA said in a statement.

Jet Airways

Published : Apr 19, 2019, 1:09 PM IST

Mumbai: International airlines lobby IATA on Thursday suspended the membership of the grounded Jet Airways of its clearinghouse system, a move that is likely to impact the refund process to passengers.

The suspension of membership, which comes in the wake of the airline halting operations temporarily from last night, is with immediate effect, the International Air Transport Association (IATA) said in a circular.

"Consequently, claims by and against Jet Airways will not be processed by the clearing house with effect from and period 02 of the April 2019 clearing month," the association said, adding, however, those claims already submitted for clearance are excluded.

"Jet Airways has been suspended from the IATA Settlement Systems following the airline's announcement of the temporary suspension of flight operations," later IATA said in a statement.

Jet Airways had been participating in over 73 Billing and Settlement Plan (BSP) and 19 Cargo Accounts Settlement Systems (CASS) around the world, it said.

Passengers who purchased Jet Airways tickets through IATA accredited travel agents are advised to submit their refund through the IATA accredited travel agent they bought their tickets from, as soon as possible, IATA said adding the travel agent will then liaise with IATA and Jet Airways to process the refund.

"Jet Airways has been suspended from the IATA Settlement Systems following the airline's announcement of the temporary suspension of flight operations," later IATA said in a statement.

Jet Airways had been participating in over 73 Billing and Settlement Plan (BSP) and 19 Cargo Accounts Settlement Systems (CASS) around the world, it said.

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JET-EMPLOYEES
Jet union seeks govt intervention to avoid KFA-like collapse
Mumbai, Apr 18 (PTI) The officers and employees union
of the grounded Jet Airways Thursday sought government
intervention to avert a Kingfisher-like collapse of the
carrier, which could not take off after halting operations
temporarily in October 2012.
Alleging some "motives" behind the series of
developments at the carrier, which eventually forced it to
shutter services temporarily from Wednesday night, Jet
Airways Officers & Staff Association president Kiran Pawaskar
also demanded a probe, preferably by the national
investigation agency CBI.
After flying for over 25 years, Jet Airways was
grounded last night when its final flight, a Boeing 737,
touched down at the Mumbai airport early Thursday after
departing from Amritsar.
The country's oldest private airline flew its maiden
flight nearly 26 years ago from the city airport to Ahmedabad
as an air taxi operator.
"The situation is very bad for employees. As many as
16,000 permanent employees don't have work today. I told the
management that efforts should be made to resume operations as
early as possible," Pawaskar, who is also an NCP lawmaker,
said asking why the airline did not clear employees dues
before suspending services.
Airlines' chief executive Vinay Dube had Wednesday
said the airline did not have an "answer" at present on the
fate of its employees during the on-going stake sale process.
The airline senior management, pilots and engineers have not
be been paid since January while the other categories of
employees have also not received their March salaries.
"Employees are ready to work. They are experts at what
they do because they have been working for 25 years. We are
not going to run away. We will remain here," Pawaskar said.
He said the SBI-led consortium, which now the
controls the management, can resume operations after
requesting the Prime Minister's Office or finance ministry for
the required funds.
The consortium had rejected the airline's appeal for
Rs 983 crore lifeline, of which Rs 240 alone were to be used
to disburse the pending salaries, Pawaskar added.
He also asked why banks have not cleared the promised
Rs 1,500 core loan to the airline even two weeks after
chairman Naresh Goyal stepped down from the airline two weeks
ago--the main condition of the lenders to lend more money.
He also said none of the jobs are lost so far and that
the employees will continue to claim salaries as long as they
are with Jet Airways. PTI IAS
BEN
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Airlines body IATA suspends Jet from clearing house membership

"Jet Airways has been suspended from the IATA Settlement Systems following the airline's announcement of the temporary suspension of flight operations," later IATA said in a statement.

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