Jet will return to heaven only if he finds a new buyer to revive him.
"Late Tuesday night Jet was informed by SBI on behalf of the consortium of Indian lenders that they can not consider their request for critical intermediary funding … the airline will not be able to pay for fuel or other critical services. keep operations running. Consequently, with immediate effect, Jet Airways is required to cancel all international and domestic flights. The last flight will operate on Wednesday, "Jet said in a statement sent to BSE late on Wednesday while announcing the temporary shutdown.
The airline Tuesday sent a final SOS to creditors for emergency funding of 983 crore to stay afloat.