Disappointed at not being paid any amount of pending dues, Jet Airways pilots have reiterated on Friday that they will stop flying from April 1.

“A part of the expected interim funding from State Bank of India (SBI) was supposed to be actioned on March 29. Unfortunately, the fund transfer has not taken place, hence no update on salary payment from the management. The collective decision of pilots taken at Mumbai and Delhi open house effective April 1, 2019, IST prevails," the National Aviators Guild said in a statement.

It is learnt from sources that the pilots were expecting an immediate fund infusion of around Rs 250 crore to aid in payment of their pending salaries of almost three months.

A consortium of lenders led by SBI had agreed last week to infuse Rs 1,500 crore into the beleaguered airline as an interim arrangement till they find a suitable investor for Jet Airways by the end of June quarter.

The pilot's body has been seeking intervention from government agencies ranging from the civil aviation ministry to the Prime Minister's Office to help in payment of around 87.5 percent of December salary, and full salaries of January and February. They also have demanded interest to paid at market rates on the pending dues.

The airline, which is devoid of a chairman and has nearly two-thirds of its fleet on the ground, is still awaiting the composition of an interim committee. This committee is expected to run Jet Airways until the lenders sell their stake.

First Published:Mar 29, 2019 11:00 PM IST