Jet employees

Jet, which ended the three months to June with losses of ₹1,323 crore on revenue of ₹6,066 crore (it ascribed the losses to the weak rupee and rising fuel prices), and has debt of ₹9,425 crore on its books (as on 31 March 2018) has been trying to raise money to repay loans and meet other needs.

Jet also separately wrote to the pilots concerning Sunday’s problem.

“Despite running at unprecedented levels of operational reliability and on-time performance over the last few months, a single day’s operational disruption has the potential to shake that trust we have built over the last 25 years. Added to this, some media houses ‘claim’ that our pilots are the reason for this disruption and that individual pilots themselves have informed the media about their individual non-cooperation,” Captain Nikhil B Ved, executive vice president (Flight Operations & Engineering) of Jet Airways said in an email to the pilots, a copy of which has been seen by HT.

“I refuse to believe our pilots would do such a thing. I believe we have professional pilots amongst our ranks who deliver to the best of their ability and would do nothing, even inadvertently, to hurt our airline and their fellow colleagues,” Ved added in the mail.

On Monday, shares of Jet Airways rose 0.25% to close at ₹306.45 a piece on the day the benchmark BSE Sensex rose 0.13% to close at 36241. The shares are 63% off their 52-week high of ₹870 each.