Cash-strapped Jet Airways to operate 40 more planes by April-end

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 is putting together a plan to restore its flight schedule, following an emergency funding from lenders and by April-end it will have an additional 40 planes in operation. 

The airline's management, led by Chief Executive Officer Vinay Dube, Deputy Chief Executive Amit Agarwal  and State Bank of India (SBI) Chairman Rajnish Kumar, met Civil Aviation Secretary Pradeep Singh Kharola on Tuesday and apprised him of the developments at the airline.

Kharola said the aviation ministry was keeping a close watch on the developments at Jet Airways. "The airline has assured us that it will operate 75 planes by April-end. It