Jet Airways suspends all flights to and from Singapore until further notice

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Industry sources suggest that Jet will be operating with only nine planes -two Boeing 737s and seven regional Jet ATRs - on Friday.

"All Jet operations to and from the Eastern and Northeastern regions are suspended". Consequently, many passengers were left stranded at the airports.

The Prime Minister's office (PMO) has called an urgent meeting to discuss the crisis in private airline Jet Airways, which is facing acute financial woes.

The Times of India today reports that Jet Airways is now only operating 14 of its of its fleet of over 100 aircraft.

Various India media reported on Friday that Jet Airways had cancelled all global flights, which include services to Europe and Asia.

It is also learnt that Jet founder Naresh Goyal may submit an EoI jointly with another partner.

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Last month, Mr Goyal and his wife Anita Goyal stepped down from the board of the airline, which has more than Rs 8,000 crore debt. A regulatory filing says Goyal has pledged 26 per cent stake in the ailing airline as security for loans from Punjab National Bank.

The drastic measure was announced after the airline informed the exchanges that it was forced to ground 10 more planes due to non-payment of rentals to the lessors.

In the last few months, the carrier also suspended operations to more than 15 short-haul worldwide destinations in the Gulf, south-east Asia and SAARC countries (members of which include Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka), said India's Economic Times.

The UK's Civil Aviation Authority acknowledged on twitter that worldwide flights had been suspended, and a notice on Heathrow Airport's website said that Jet Airways' flights today to Mumbai and Delhi will not be running. Crisis-hit Jet Airways is facing acute financial crunch and has grounded several of its flights and stopped worldwide operations.

Millions are passengers are believed to have been affected as a result of the ongoing cancellations.

An airline spokesperson told "Jet Airways has cancelled its operations between London and India for 12th April, 2019. We have asked it to take into consideration issues of passengers", the aviation secretary said. The Directorate General of Civil Aviation (DGCA) is yet to take a call but said it is monitoring the situation closely.