Jet Airways case seeking relief to passengers for advance bookings, to fly in Delhi HC on May 1

Application seeking relief to Jet Airways passengers who bought tickets in advance, is scheduled to be heard on May 1 in the Delhi High Court. Observing the said petition being filed for publicity, the court has also raised significant questions as to why the content of PIL was published in newspapers before it came up for hearing.

This is after the Jet Airways glided down due to the financial complications. The SBI on behalf of the consortium denied the airway’s plea for Rs 400 crores. This resulted in the said concern to settle at millions of debts owing to the passengers who had booked the flight tickets well in advance.

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Serving its last flight, exactly a week ago, Jet Airways has also put the employees in a big canvass. While the employees protested for their livelihood post this massive closure, the other airline concerns named Spice Jet and others have rushed to its help.

Spice Jet, undertaking the air burden has decided to fly 287 flights on daily basis and employed and seeks to employ more than hundreds of staff members at a priority basis.

Etihad Airways meanwhile, has completed the due diligence process ahead of placing its financial bid for acquiring Jet Airways. Two other potential bidders TPG Capital and the National Investment and Infrastructure Fund (NIIF) have also begun the due diligence and may put in a joint bid with Etihad.r


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