Jet Airways is running out of fuel to fly its planes, literally, adding to the woes of cash-strapped airline which is reportedly staring at shutdown in the absence of funds. Jet Airways has only enough fuel supply to last till today afternoon, IANS reported citing sources. “The fuel supply is expected to run out from Tuesday afternoon as fresh payments would be required for vendors,” the report said quoting a source.
Jet Airways board is meeting today to discuss the future course of action amid mounting troubles as the airline extends the suspension of international operations and looks for funding to sustain operations. The board will also declare today eligible bidders for taking over Jet Airways.