Top 25: Jet fails to get funds, to suspend operations

Jet Airways announced that it has temporarily suspended all flight operations from Wednesday night as the airline failed to secure an interim funding for maintaining even bare minimum operations.

The company's decision came after the airline failed to secure an interim funding from lenders to stay afloat.

Currently, the airline only operated five aircraft with over 25 flights. The airline is expected to operate its last flight for the day around 10.30 p.m.