Jet Airways on Friday extended suspension of its international operations till Monday as the prime minister’s office called for an urgent meeting to discuss issues with the debt-laden carrier at 6pm.
The Principal Secretary to Prime Minister Narendra Modi will chair the meeting, TV channels said quoting sources. Government officials have previously expressed concern about the loss of jobs at the airline and on the prospect of higher Indian airfares if Jet Airways collapsed.
Incidentally, the stake sale bid invited by the SBI- led consortium of bankers, which manages the day-to-operations of the airline, also closes by the end of the day Friday, after being extended by two days.
Airline founder Naresh Goyal, the UAE carrier Etihad Airways, Air Canada and the country’s national investment fund among others are reported to have submitted bids, according to media reports.