The Jet Airways pilots union, the National Aviator’s Guild (NAG), on Tuesday moved Supreme Court with a plea that the banks and lenders should be directed to release the interim funding to Jet Airways, which could help the airline restart operations.
The NAG has blamed State Bank of India for the airline’s collapse. “Had SBI infused the funds as required, Jet could have been sold as a going concern,” the NAG said.
The union said even the other decisions like allotment of slots, seats under bilateral agreement and de-registering of aircraft and giving them off to other airlines are have been taken without having regard for future of 22,000 employees of Jet. “The value of Jet Airways has been deliberately eroded during the bidding process which should not have been done,” it said.
