The BSE has sought clarification from Jet Airways on an article on CNBC TV18 this morning that stated that the airline was “likely to temporarily shut down its operations” after it failed to secure emergency funding yesterday. The airline board is meeting again today but all international flights remain suspended until Thursday officially. Without funds, the airline’s long-haul fleet will remain grounded and its pilots remain unpaid. Pilots and other Jet Airways staff threatened to begin strike action yesterday but were awaiting the result of the board meeting; as funds are not forthcoming, the group may continue with direct action.

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