Jet Airways' pilots appealed to the State Bank of India to release funds to the tune of Rs.1,500 crore for the airline, trade union National Aviator's Guild said on Monday. According to the source, the airline is operating just 6-7 planes, with almost its entire fleet being grounded due to non-payment of rentals to lessors amid severe paucity of cash.

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On Monday, National Aviator's Guild ( NAG) vice president Adim Valiani urge SBI and Prime Minister Narendra Modi to save 20,000 jobs by releasing 1,500 crore funds for the airline."We would like to appeal SBI to release Rs 1,500 crore funds for the airline to help it continue operations. We also appeal Prime Minister Narendra Modi to save 20,000 odd jobs at the airline," he said.

The SBI-led group of lenders had last month taken control of the airline and agreed to provide immediate funding support of Rs.1,500 crore. The trade union, which has more than 1,100 pilots of the airline as its members, also asked Prime Minister Narendra Modi to help in saving 20,000 jobs at stake. The Monday meeting with lenders is reportedly expected to take a final decision on the quantum of funds to be infused immediately to avert a possible shut down. A meeting between the airline management and its major lender SBI last on Friday could not take a decision on the fund infusion issue. 

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