Cash-strapped Jet Airways on Saturday suspended services on thirteen international routes till April end.
The routes where services have been temporarily withdrawn include Bangalore- Singapore, Delhi-Abu Dhabi, Delhi-Dammam, Delhi-Dhaka, Delhi-Hong, Kong Delhi-Riyadh, Kolkata-Dhaka, Mumbai-Abu Dhabi, Mumbai-Bahrain, Mumbai-Dammam, Mumbai – Hong Kong, Pune-Abu Dhabi and Pune-Singapore.
Gasping for funds the airline has also reduced services on the Delhi – Bangkok route from 3 to 1 daily, Delhi – Kathmandu (4 to 2 daily), Delhi – Singapore (3 to 1 daily), Mumbai – Bangkok (3 to 1 daily), Mumbai – Doha (2 to 1 daily), Mumbai – Kuwait City (2 to 1 daily) and Mumbai – Singapore (3 to 1 daily).
According to media reports, Jet has a total debt of Rs 8,000 crore in addition to payables such as vendors’ dues worth Rs 15,000 crore. Not only that, the airline has also lost ground in terms of market shares recently.