Mumbai: Once a poster boy of Indian aviation, the fate of Jet Airways (India) Ltd and its more than 15,000 employees hangs in the balance a day after the airline suspended operations even as its lenders, the civil aviation regulator and the union government struggle to find ways to revive the company.
At stake is the uncertain future of employees, lessors and its vendors as well as the reputation of the Narendra Modi-led government, which has evidently tried to find a remedy to the crisis at what was till recently India’s third-largest domestic airline by market share.
But, that’s too little too late as groups of Jet Airways employees began a protest on Thursday against the airline’s grounding at New Delhi’s Jantar Mantar and outside the company’s headquarters in Mumbai.
