NEW DELHI, India—More than a thousand pilots of India’s debt-laden Jet Airways will not fly from Monday, April 15, as they have not been paid salaries for the past three months, the President of the National Aviators Guild said on Sunday.
Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March.