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Jet Airways operating around 28 planes : Aviation Secretary

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Published : Apr 3, 2019, 4:47 PM IST

Updated : Apr 3, 2019, 9:06 PM IST

After SBI-led consortium of lenders had taken over the management of the cash-hit Jet Airways last month,Jet Airways is operating 28 planes, including 15 aircraft in the domestic routes, Civil Aviation Secretary Pradeep Singh Kharola said on Wednesday.

Jet Airways

New Delhi : Cash-strapped Jet Airways is operating 28 planes, including 15 aircraft in the domestic routes, Civil Aviation Secretary Pradeep Singh Kharola said on Wednesday.

Jet Airways, where the lenders are set to take control as part of a debt resolution plan, on Tuesday disclosed that it has grounded 15 more aircraft due to non-payment of lease rentals.

Asked about the active fleet of Jet Airways, Kharola, on the sidelines of an aviation conference in the morning, said, "yesterday, it was 28".When told that the airline has announced grounding 15 more aircraft, he said that then the current fleet would be "less than about 15".

In the evening, Kharola clarified to PTI that Jet Airways is operating around 28 planes and out of them, about 15 are operating in the domestic routes.On the sidelines of the conference here, the civil aviation secretary also said that Jet Airways' ability to fly international operations needs to be "examined". In the afternoon, a DGCA spokesperson said Jet Airways continues to fly 28 aircraft as on date.

"The 15 aircraft reported is already accounted for and was only informed to the stock exchanges by Jet Airways yesterday," the spokesperson said.On Tuesday evening, the airline informed the stock exchanges that it has grounded 15 more aircraft due to non-payment of lease rentals. Now, the total number of planes grounded on account of default in lease rental payments, as disclosed by the airline, stands at 69.

In a statement issued in the afternoon, Jet Airways said, "as informed to the regulator (DGCA), the airline is operating a curtailed schedule with sufficient number of aircraft, and is compliant with applicable guidelines".

Also read : Jet pilots writes to DGCA; seek interest on salary dues

The airline issued the statement saying that it would like to clarify certain speculative media reports with respect to its ability to operate on international routes.It did not provide the number of operational planes. Jet Airways, which is grappling with acute financial woes, had a fleet of around 119 planes.

On March 25, Jet Airways' board approved a debt-resolution plan under which the lenders would take control of the airline and also make an immediate fund infusion of Rs 1,500 crore.

New Delhi : Cash-strapped Jet Airways is operating 28 planes, including 15 aircraft in the domestic routes, Civil Aviation Secretary Pradeep Singh Kharola said on Wednesday.

Jet Airways, where the lenders are set to take control as part of a debt resolution plan, on Tuesday disclosed that it has grounded 15 more aircraft due to non-payment of lease rentals.

Asked about the active fleet of Jet Airways, Kharola, on the sidelines of an aviation conference in the morning, said, "yesterday, it was 28".When told that the airline has announced grounding 15 more aircraft, he said that then the current fleet would be "less than about 15".

In the evening, Kharola clarified to PTI that Jet Airways is operating around 28 planes and out of them, about 15 are operating in the domestic routes.On the sidelines of the conference here, the civil aviation secretary also said that Jet Airways' ability to fly international operations needs to be "examined". In the afternoon, a DGCA spokesperson said Jet Airways continues to fly 28 aircraft as on date.

"The 15 aircraft reported is already accounted for and was only informed to the stock exchanges by Jet Airways yesterday," the spokesperson said.On Tuesday evening, the airline informed the stock exchanges that it has grounded 15 more aircraft due to non-payment of lease rentals. Now, the total number of planes grounded on account of default in lease rental payments, as disclosed by the airline, stands at 69.

In a statement issued in the afternoon, Jet Airways said, "as informed to the regulator (DGCA), the airline is operating a curtailed schedule with sufficient number of aircraft, and is compliant with applicable guidelines".

Also read : Jet pilots writes to DGCA; seek interest on salary dues

The airline issued the statement saying that it would like to clarify certain speculative media reports with respect to its ability to operate on international routes.It did not provide the number of operational planes. Jet Airways, which is grappling with acute financial woes, had a fleet of around 119 planes.

On March 25, Jet Airways' board approved a debt-resolution plan under which the lenders would take control of the airline and also make an immediate fund infusion of Rs 1,500 crore.

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Less than 15 aircraft of Jet currently operational: Aviation Secy
(Eds: adding DGCA statement and other details)
         New Delhi, Apr 3 (PTI) Less than 15 aircraft of Jet Airways are currently operational, Civil Aviation Secretary P S Kharola said on Wednesday.
          An SBI-led consortium of lenders had taken over the management of the cash-hit Jet Airways last month.
         Asked about the active fleet of the beleaguered airline, the civil aviation secretary said here that "yesterday, it was 28".
         On the airline informing stock exchanges on Tuesday evening that 15 more aircraft have been grounded, Kharola said the current fleet "would be less than about 15".
         However, later in the day, Indian aviation watchdog DGCA said in a statement, "JA (Jet Airways) continues to fly 28 aircraft as on date."
          The watchdog added,"The 15 aircraft reported are already accounted for and was only informed to the stock exchange by JA yesterday."
         The airline has around 119 aircraft in its fleet. In the last few weeks, the airline has been grounding its aircraft in tranches due to non-payment of dues to lessors.
         Regarding funding issues of the airline, Kharola, who was speaking on the sidelines of an event, said, "The issue is between bankers and Jet management. So they are discussing with each other."
         The private carrier Tuesday said it has grounded 15 more aircraft due to non-payment of rentals to lessors.
         Till last month, the Mumbai-headquartered airline, which is now under new ownership, had taken 54 planes out of operations due to lease rental defaults.
         On March 25, Jet Airways' board approved a resolution plan formulated by SBI-led domestic lenders. Under the plan, lenders decided to take control of the airline and make a fund infusion of Rs 1,500 crore.
          The aviation secretary said Wednesday that Jet Airways' ability to fly international operations needs to be "examined".
          However, later, the airline's spokesperson said in a statement,"Jet Airways would like to clarify certain speculative media reports with respect to the airline's ability to operate on international routes. As informed to the regulator (DGCA), the airline is operating a curtailed schedule with sufficient number of aircraft, and is compliant with applicable guidelines." PTI DSP
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Last Updated : Apr 3, 2019, 9:06 PM IST
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