Jet Airways cancelled all international flights until Monday. Flights from London, Paris and Amsterdam are among those grounded amid fears about the survival of India's largest private airline. Jet Airways is saddled with more than $1bn of debt.
The ripple effect of this crisis has hit fruit and vegetable exports from Maharashtra. The state exports fruits and vegetables, including mangoes, okra, drumsticks and tomatoes, among others, to the Gulf and Europe.
Since the troubled carrier began grounding its fleet en masse, pressure on other airlines has mounted. This has indirectly caused exports to drop by nearly 40% compared to last year, exporters said. Exporters said, because of the space constraints, freight charges too have shot up. Other airlines are finding it difficult to make space on the available aircraft.