More misery for India's Jet Airways

PUNIT PARANJPE / AFP

Things aren't looking good for Jet Airways after reports that they've suspended all their international flights.

The speculation has raised more doubts about the survival of India's largest private airline.

The airline is already more than AED 3.6 billion in debt and on the brink of collapse.

Things have gotten so bad that the Indian government said intervened. 

They said steps are being taken to ensure passenger safety after flights were cancelled.

According to Indian law, carriers must maintain a fleet of least 20 aircraft if they want to operate services to international destinations.

More from Business

Coming Up on Dubai Eye

  • The Weekend Playlist

    8:00pm - 11:00pm

    Every Friday night Dubai Eye 103.8 plays you the greatest party classics and anthems all the way till Saturday morning!

  • Nights on Dubai Eye 103.8

    11:00pm - 7:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.

  • FARMER'S KITCHEN

    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!