New Delhi: Hoping that defunct Jet Airways may revive, the airline’s ex-chariman Naresh Goyal penned an emotional letter to employees. Goyal said that he has made all possible sacrifices to keep the airline afloat, adding that the employees of the airline have also made nobler and bigger sacrifices for the company.
The ex-Chairman said he hopes the bank-led resolution plan will succeed and that a successful bidder will emerge by May 10. “Neeta and I are anxiously hoping that there will be a positive outcome on the 10th of May 2019 as per the BLRP deadline…It is our dearest wish, like yours, to witness the blazing sun reappear from behind the dark clouds of the past weeks, on a canvas of never-ending blue,” read the ex-chairman’s message to Jet employees.
Notably, Naresh Goyal said that he had made Rs 250 crore available to the banks from a group company in addition to pledging his shareholding to ensure the survival of the airline.
He felt pained for employees not being paid their hard-earned salaries for a couple of months. Goyal said: “Each year since the past 25 years, the 5th day of May has held a special place in the hearts of each of us.” He added, “But yesterday, our 26th anniversary was the saddest of all days, with no flights, added to which the sad coincidence that on 18th April 1993 we received our first aircraft in Mumbai, while in the early hours of the morning of 18th April 2019 we operated our last service from Amritsar to Mumbai.”
With no funds and lenders, the debt-laden airline had grounded its operations on April 17. Lenders of Jet Airways are currently trying to sell the airline to recover their dues of over Rs 8,400 crore. Private equity firm TPG Capital, Indigo Partners, National Investment and Infrastructure Fund (NIIF) and Etihad Airways are also in the race to buy a stake in the grounded Jet Airways.
Meanwhile, on Tuesday, the pilots of the grounded Jet Airways had moved the Supreme Court so that the SBI could provide them with the assured interim finance for restarting their flight operations. A petition filed by National Aviators Guild had sought a direction to the Centre and the Director General of Civil Aviation (DGCA) to disallow slots of Jet Airways to other airlines on a permanent basis. The suspension of the airline operation has affected the livelihood of around 22,000 employees.
(With agency inputs)