He said that now Jet Airways is operating 11 planes and has suspended global operations till Monday afternoon.
The statement comes after the debt-ridden airline on Thursday suspended long-haul west-bound flight departures for one night.
Yesterday Business Traveller reported that the airline had suspended flights to Singapore, and local media reports suggest this has been followed by the suspension of all worldwide services, including London. It told the Bombay Stock Exchange Thursday that it had grounded 10 more planes due to unpaid dues. As per rules, an airline needs to have a minimum of 20 aircraft to be eligible to operate worldwide flights. Local reports suggested that it was barely a dozen.
On Thursday, the airline had cancelled all its west-bound worldwide flights from India until Friday evening.
"Jet Airways regrets the inconvenience caused to its guests".
Other reports explicitly state that Jet Airways has cancelled all of its worldwide flights.
"I had a flight to New Delhi this evening, but when I reached the airport I was informed that the flight was cancelled".
As the crisis deepens, the Prime Ministers Office called for an urgent meeting to find a way out.
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Aviation Minister Suresh Prabhu today directed Civil Aviation Secretary Pradeep Singh Kharola to review issues concerning Jet Airways, which has been operating with less than 10 planes.
The UK's Civil Aviation Authority said it was aware flights had been suspended.
Its chairman Naresh Goyal, who had been in post since 1992, also agreed to step down "to safeguard the interest of Jet Airways and the families of the 22,000 employees", he said. Can salaries be paid to the employees by Monday? Staff of the airline were pictured by Priyanka Iyer of Business Television India marching to the company's headquarters in Mumbai.
It was a rare move. This means its already shrinking fleet has become even smaller.
From a high of about 120 aircraft, Jet Airways, which has struggled with declining profits in the past few years, is down to fewer than 30 planes.
Government officials have previously expressed concern about the loss of jobs at the airline and on the prospect of higher Indian air fares if Jet Airways collapses.
The group is searching for a new investor to take over 75 percent of the airline and reports say the deadline for bids has been extended.