The airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.
Extending support to agitating Jet Airways pilots, eight major trade unions have asked the airline management to take back the two pilots it had sacked and recognise the National Aviators Guild, which is spearheading the stir.
'There will be no flying unless the company pays us substantial salaries and provides a road map,' the National Aviators Guild, the pilots union, said in a message to its members.
'When Etihad initiated their bid, it was conditional.' 'They said only if someone takes a 'haircut' would they be interested.'
Jet Airways pilots along with engineers and senior executives have not been paid for the last three months.
Having lost their case in the Bombay High Court (HC) against deregistration of their union, Jet Airways pilots plan to go to an industrial tribunal.
The national carrier on Tuesday cancelled 37 of the 177 domestic flights and nine of the 21 international flights as more executive pilots reported 'sick'.
The Regional Labour Commissioner (Central Region) has decided to mediate between Jet Airways and its pilots who have issued a strike notice to protest the airline's decision of not reinstating two terminated employees.
The real mover and shaker behind the development that grounded India's largest airline remained mostly out of the public eye. That was 63-year-old NAG President Captain Girish Kaushik who was doing the heavy lifting in Delhi and Mumbai.
Though the Jet pilots' agitation is over and both sides have made peace, the Bombay High Court said is not ready to overlook the inconvenience five-day-long stir caused to passengers and violation of the chief justice's order.
At least 10 flights of Jet Airways and its subsidiary out of Delhi were cancelled on Tuesday as a large number of pilots did not report to work in protest against sacking of two of their colleagues, a move described as "sabotage of operation" by the airlines.
Around 650 pilots of the private air carrier Jet Airways will go on an indefinite strike on midnight of September 7 to protest sacking of two of their colleagues.
Takes decision after failure of first conciliation meeting.
The summer schedule of flights of all other domestic airlines such as Vistara, IndiGo, Air India and GoAir have been approved till October 26.
The pilots are also looking to take recourse to legal steps, including recovery proceedings against the company for salary, allowances and benefits
Jet Airways has been looking at various ways to raise funds amid acute liquidity crunch that has forced it to ground aircraft, cancel flights in large numbers, shutdown stations and delay salary payments to its pilots and engineers along with other senior staff.
The office, spread over 52,775 square feet carpet area, in Mumbai's suburban financial centre Bandra Kurla Complex, is on the fourth floor of the building 'Jet Airways Godrej BKC'.
As part of cost reduction efforts, the full service carrier has asked its employees, including pilots, to take steep pay cuts
The guild, which claims to represent around 1,100 of the 1,600 Jet pilots, had earlier warned to go on strike from April 1, unless their salary dues were cleared and clarity was provided on future payments by March 31.
"We humbly request to you to alleviate some of the hardships that we and engineers have been facing, by ensuring that the new Jet management does not further delay our pending salaries dues at the earliest," NAG general secretary Tej Sood said in an e-mail to SBI chairman Rajnish Kumar.
The Naresh Goyal-promoted private airline, in which UAE national carrier Etihad holds 24 per cent stake, is facing acute cash crunch after posting two back-to back quarterly losses this year.
The petition said that acts of the Centre and DGCA were highly prejudicial to employees of the company who have been waiting to get paid for the last five months and have been looking forward to the resolution in bid process.
Jet's operating fleet reduced from 103 planes in October 2018 to 35 now, leading to massive cancellations and a surge in airfares
Jet Airways' engineers, pilots and senior management have not been paid for January and February, besides 87.5 per cent of their December salary is also due.
The interim funding has not been forthcoming thus far, and as a result Jet has extended cancellation of international operations until April 18.
The assurance to pilots came after a meeting between the two sides at the airline's headquarters in Mumbai on Wednesday, airline sources told PTI on Tuesday evening.
A SpiceJet official allegedly told some Jet pilots that they were doing a "charity" by hiring them.
The pilots and other senior staff have not been getting their full salaries since December.
An expat pilot with Jet Airways hurled "racist" comments at and assaulted a woman and also abused a physically challenged person on a flight, cricketer Harbhajan Singh claimed.
Airlines tell Arindam Majumder and Aneesh Phadnis they are forced to look at expats due to a lack of commanders, a position that requires experience.