After pulling out of Abu Dhabi, Manchester and Hong Kong over the past 48 hours, Jet Airways on Thursday slashed its domestic schedule by cutting departures from Delhi to all metro cities, except Mumbai.
A look at the schedules from Delhi showed that, on Thursday, there were no domestic departures to Bengaluru, Hyderabad, Chennai and Kolkata. The cash-strapped airline has also stopped accepting bookings for the Mumbai-Hong Kong flight beyond March 22. The Delhi-Hong Kong service was cancelled overnight.
The Naresh Goyal-led Jet is facing its worst financial crisis, with debt exceeding $1 billion. The carrier, which is struggling to stay aloft, has delayed payments to banks, suppliers, and aircraft lessors — resulting in some of them moving to terminate lease deals and take back their aircraft.