Around 260 jet Air pilots appear for SpiceJet interview
Saurabh.Sinha@timesgroup.com
New Delhi:21.03.2019
Almost 260 Jet Airways’ pilots, who fly Boeing 737, appeared for an interview conducted by low-cost carrier SpiceJet in Mumbai Wednesday. Among the pilots were 150 captains. SpiceJet also operates the B737, which was the mainstay of Jet’s operations till a crippling financial crunch virtually grounded two-thirds of its fleet.
Jet’s pilots, aircraft engineers and senior management have not been paid for three months. Airline’s pilots have said they will stop flying from April 1 unless their dues are cleared or a letter of intent is signed that the same will be cleared. IndiGo has also gone all out to hire Jet’s pilots and is learnt to have given lucrative offers. Apart from pilots, several of Jet Airways’ grounded Boeing 737s (not Max but previous generation) could soon be flying for SpiceJet. Many of these planes have been grounded by unpaid lessors beginning last month. Barring a handful, lessors have not deregistered these aircraft from Jet’s name, repossessed and flown them out of India.
“Last Saturday, three companies that leased Boeing 737 NG (new generation, not Max) to Jet and grounded them for non-payment, met SpiceJet chairman Ajay Singh. The aircraft are in India and in terms of processes it is easier to deregister them from Jet’s name and lease them to SpiceJet so that they can start flying the planes at the earliest,” said sources. Globally, 371 B737 Max aircraft were grounded last week following fears over its safety after two crashes within 5 months, one in Indonesia and other in Africa, that claimed 346 lives. SpiceJet, which has up to 205 of the planes on order, had to ground 12 B737 Max. Apart from these the future delivery schedule of rest of the planes is also uncertain now, affecting the low cost carrier’s growth plans. This has led to spurt in demand for B737 NGs.
“We have to make good the 12 grounded Max so these many planes we will like to have on board as early as possible. The grounded B737s are being offered for dry lease (without operating crew) for one to 3 years at good rates. The overall lease rentals for B737 NGs has gone up since the grounding of the Max due to which everyone is now looking for the non-Max B737s. Once
Airline’s pilots have said they will stop flying from April 1 unless their dues are cleared or a letter of intent is signed that the same will be cleared
Saurabh.Sinha@timesgroup.com
New Delhi:21.03.2019
Almost 260 Jet Airways’ pilots, who fly Boeing 737, appeared for an interview conducted by low-cost carrier SpiceJet in Mumbai Wednesday. Among the pilots were 150 captains. SpiceJet also operates the B737, which was the mainstay of Jet’s operations till a crippling financial crunch virtually grounded two-thirds of its fleet.
Jet’s pilots, aircraft engineers and senior management have not been paid for three months. Airline’s pilots have said they will stop flying from April 1 unless their dues are cleared or a letter of intent is signed that the same will be cleared. IndiGo has also gone all out to hire Jet’s pilots and is learnt to have given lucrative offers. Apart from pilots, several of Jet Airways’ grounded Boeing 737s (not Max but previous generation) could soon be flying for SpiceJet. Many of these planes have been grounded by unpaid lessors beginning last month. Barring a handful, lessors have not deregistered these aircraft from Jet’s name, repossessed and flown them out of India.
“Last Saturday, three companies that leased Boeing 737 NG (new generation, not Max) to Jet and grounded them for non-payment, met SpiceJet chairman Ajay Singh. The aircraft are in India and in terms of processes it is easier to deregister them from Jet’s name and lease them to SpiceJet so that they can start flying the planes at the earliest,” said sources. Globally, 371 B737 Max aircraft were grounded last week following fears over its safety after two crashes within 5 months, one in Indonesia and other in Africa, that claimed 346 lives. SpiceJet, which has up to 205 of the planes on order, had to ground 12 B737 Max. Apart from these the future delivery schedule of rest of the planes is also uncertain now, affecting the low cost carrier’s growth plans. This has led to spurt in demand for B737 NGs.
“We have to make good the 12 grounded Max so these many planes we will like to have on board as early as possible. The grounded B737s are being offered for dry lease (without operating crew) for one to 3 years at good rates. The overall lease rentals for B737 NGs has gone up since the grounding of the Max due to which everyone is now looking for the non-Max B737s. Once
Airline’s pilots have said they will stop flying from April 1 unless their dues are cleared or a letter of intent is signed that the same will be cleared
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