India's ailing Jet Airways drastically cut back its operations on Monday amid talks with investors on purchasing a controlling stake in the debt-laden airline. Once India's largest carrier, Jet Airways is currently operating only seven of its 14 aircraft, and is flying only domestic routes, according to spokesman Gaurav Sahni. Also on Monday, Jet Airways pilots demonstrated in Mumbai after deciding against a strike, saying they had not been paid in four months and asking India's government for a lifeline. "The appeal is to the prime minister to save Jet Airways, to save 20,000-plus jobs which are at stake here, to pay our salaries," said Jet Airways captain Asim Valiani. Jet Airways was pinched further last year when the government imposed a 5% import tax on jet fuel even as petroleum prices worldwide rose.

Source: ABC News April 15, 2019 10:30 UTC