Jet suspends operations
On April 17, 2019, Jet Airways announced the temporary shutting down of its operations after failing to get any emergency funding for keeping the airline afloat. Vinay Dube, CEO, Jet Airways, wrote an emotional letter to its employees, which said, “After 25 years of sharing the ‘Joy of Flying’ with Indian and international guests, Jet Airways and its Board of Directors have been forced to take this extreme measure, as prolonged and sustained efforts with lenders and authorities to ensure the sustainability of the airline did not yield the desired results.”