De : RSOE EDIS <havaria@rsoe.hu&gt;
Envoyé : jeudi 18 avril 2019 06:40
À : Corentin Decaen <cdecaen@geoasia.org&gt;
Objet : RSOE EDIS – Event Report – Critical Infrastructure Disruption : [Jet Airways Airlines] New Delhi, Capital City, India, Asia
Importance : Haute

 

RSOE Emergency and Disaster Information Service, Budapest, Hungary
Event report

April 18th 2019 04:37 AM – Critical Infrastructure Disruption – CID-20190418-67523-IND

Base information

EDIS Code: CID-20190418-67523-IND
Event date: April 18th 2019 04:37 AM
Category: Critical Infrastructure Disruption
Continent: Asia
Country: India
State: Capital City
Settlement: New Delhi
Location: [Jet Airways Airlines]
Coordinate:
28.6139391,77.2090212 (WGS84 decimal)

CAP Information

Category: Infra - Utility, telecommunication, other non-transport infrastructure
Urgency: Past - Responsive action is no longer required
Severity: Minor - Minimal to no known threat to life or property
Scope: Public - For general dissemination to unrestricted audiences
Certainty: Observed - Determined to have occurred or to be ongoing

Event details

India’s debt-stricken Jet Airways has halted all of its operations after failing to secure emergency funding from lenders, leaving it teetering on the edge of bankruptcy. "Jet Airways is compelled to cancel all its international and domestic flights. The last flight will operate today," the airline said in a statement. Jet had asked a consortium of lenders led by the State Bank of India to urgently provide four billion rupees ($A80.3 million) but said that this had not been forthcoming. "This has been a very difficult decision but without interim funding, the airline is simply unable to conduct flight operations in a manner that delivers to the very reasonable expectations of its guests, employees, partners and service providers," it added. Jet Airways’ collapse comes just weeks after Icelandic budget airline WOW Air suddenly ceased all operations, stranding thousands of passengers across two continents. Jet Airways was once India’s second-biggest by market share but is on the brink of collapse with debts of more than $1.4 billion. Jet was operating just five planes on Wednesday because it could not pay its bills, down from a fleet of more than 120 at its peak. The carrier has canceled hundreds of flights in recent weeks, stranding thousands of passengers. It has repeatedly defaulted on loans and failed to pay staff in recent months. The consortium took control of Jet in March, pledging to give $304 million in "immediate funding support" as part of a debt resolution plan. A collapse of Jet, and the loss of more than 20,000 jobs would deal a blow to Prime Minister Narendra Modi’s pro-business reputation as he seeks a second term in ongoing national elections. Jet CEO Vinay Dube paid tribute to the staff in an email to employees and said the airline "must be given another chance" to fly. But analysts said buyers would be reluctant to buy a grounded airline that had lost most of its airport slots. "Is someone willing to take the risk to give this comatose body an electric jolt? I don’t see it happening. At best it might come back in a smaller role," said Devesh Agarwal, editor of Bangalore Aviation.

Event map

Google Maps for the region of the event


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Corentin DECAEN

Corentin

Foundor of GeoAsia Spécialiste Chine/Japon

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