Is this the end for Jet Airways of India
 

It would be a shame if Jet collapsed as they have a far superior product to Air India.

Jet Airways

Sadly, this does not look good. As the OP states, Jet Airways offer a far superior product to the inefficient Air India.

As good as the service is, 9W does not have the support of the Indian Government. So it will probably be gone by next week.

Between the basket-case national carriers on the sub-continent and the Gulf sisters across the water, Jet doesn't stand a chance.

Far superior... ? I have had the misfortune to use both regularly on domestic and regional routes, I did not notice much difference, but perhaps AI was marginally better on punctuality and airport facilities (on board they were pretty much the same).

I'd have to agree. After College I spent 4 months with my Father who happened to be working in India at the time. Meetings and things were generally booked into a block of a few days to allow for Jet airlines (the best of the bad bunch) to get you there in some sort of calculable time frame. I remember once spending an extra 24 hours somewhere as the aircraft simply didn't turn up. It took the staff 6 hours to find out it had gone Tech elsewhere and nobody had bothered to tell them.
On almost every flight we'd have to boot deadheading pilots out of the Business Class seats we'd booked which normally caused an argument. Always felt guilty as they usually looked knackered and were only trying to find somewhere to grab an hours kip

Granted this was about 15 years ago so things may have improved since then but the cleanliness, staff attitudes and punctuality were really quite poor from my recollection of them in the early 2,000's.

For all those affected though I hope a positive resolution can be found.

$1.2 Billion in Debt, another $3.0 billion in outstanding bill payments (Fuel 4 months salaries, Lessor charges, ground handling etc), a general election in progress with the main theme being crony capitalism, a promoter who with his savvy connections for the better part of 20 years created giant speed bumps in the industry for competition as well an environment that has one of the highest costs with one of the lowest per revenue seat yields & a government with red tape by the ton...it is very hard for anyone to even consider resurrecting this airline. They could start one afresh for a 10th of that amount with no baggage.

Having said that they did usher in a better service standard but lost the plot in 2008 when they had a hair brained scheme to buy a low cost & merge them. Having flown them a million miles sorry to see them go but glad the name when it goes will be untarnished by a hull write off or any loss of life.

Any chance of an English translation to that?

It's a roundabout way of saying that they have only had one hull loss - the ATR in 2007 - and have never killed anyone.

Translated - "but they wrote off at least 1 ATR if not 2, and possibly a 737"

Nothing sad Indian banks are reeling under non performing assets. They should have blown the whistle earlier. Jetairways made profit only in two years out of last eleven. The reality:
https://wap.business-standard.com/ar...1001230_1.html

Kingfisher, round two....

Common ! What a statement !:*