Jet Airways staff delegation meets Jaitley, demands transparent bidding process

Jet Airways Employees Protest At Jantar Mantar at New Delhi

Jet Airways Employees Protest At Jantar Mantar at New Delhi

Significantly, national carrier Air India, which has a number of aircraft on ground for quite some time now, had the dubious distinction of cancelling the most number of flights at 8.94 percent of its scheduled departures followed by JetLite and new entrant Star Air, as per the data.

Jet Airways, once the second largest airline after no-frills IndiGo, lost as much as almost half of the market share at 5.37 percent during March as against 10 percent in the same period of last fiscal, according to the data.

Meanwhile, both SpiceJet, GoAir and Indigo have also moved to lease more planes and add more flights. The grounding of planes by Jet Airways has resulted in capacity reduction in the domestic sector, which has also led to a spurt in airfares in many sectors. "We have received some offers to take on lease B737 aircraft which were being operated by Jet". A year ago it had a fleet of around 120 aircraft.

Hundreds of Jet Airways employees protested in Delhi and Mumbai on Thursday to push its management for answers about their future after the airline shut down all flight operations on Wednesday having failed to secure new funding from its lenders.

The Indian Aviation Ministry has asked domestic airlines to quickly replace missing capacities left by the shutdown of Jet Airways. About 400 pilots have moved to other airlines, leaving Jet with about 1,300 pilots, a senior Jet pilot told Reuters.

The unions also flagged that air ticket prices are "sky rocketing".

Low-priced carrier SpiceJet has hired as many as 500 pilots, cabin crew, technical and other ground staff in recent weeks with a lot of them coming from now-grounded Jet Airways.

Last week, SpiceJet Chairman and Managing Director Ajay Singh had said: "As we expand and grow, we are giving first preference to those who have recently lost their jobs due to the unfortunate closure of Jet Airways".

"We also sought two months' fuel credit for the airline", he said.

The suspension of Jet Airways' flights led to 280 and 160 open slots at Mumbai and Delhi Airport respectively.

In a communication to the Directorate General of Civil Aviation (DGCA), the grouping has requested the regulator to immediately pause the slot allocation process till the bidding process is complete and to protect the value of the company.

Jet Airways on Wednesday cancelled all flights including its worldwide flights temporarily after failing to secure emergency funds from its lenders, according to a statement by the airline.