Jet Airways pilots appeal to SBI for funds, also ask PM Modi to save 20,000 jobs
MUMBAI: Jet Airways pilots body, the National Aviator’s Guild, Monday appealed the State Bank of India (SBINSE 0.27 %) to release Rs 1,500 crore, which was proposed to be infused in the ailing carrier as part of a debt-restructuring plan last month.
The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.
