MUMBAI: Crumbling Jet AirwaysNSE -0.75 % has massively reduced its operations from its main hub Mumbai to just about 32 flights Tuesday, said an airline source.
Amid acute financial crunch, which has also forced it to delay salaries to employees and payments to banks, aircraft lessors and vendors, Jet is struggling to remain afloat.
“Jet Tuesday operated only 22 planes, bringing down daily operations to 32 flights from Mumbai, the main hub. This included 16 arrivals and departures each,” the source said, adding the airline didn’t operate the remaining four aircraft.
