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Redemption of JP Miles suspended
Several Indian banks continue to receive applications from the people for issuing Jet Airway co-branded credit cards even as the State Bank of India (SBI)-led consortium of lenders refused to provide emergency funding to the ailing airlines, forcing its closure on Wednesday.
Hyderabad: Several Indian banks continue to receive applications from the people for issuing Jet Airway co-branded credit cards even as the State Bank of India (SBI)-led consortium of lenders refused to provide emergency funding to the ailing airlines, forcing its closure on Wednesday.
It may be mentioned here that the second largest airlines in the country in terms of the market share had grounded its last flight on Wednesday evening and said that the essential services to support guest services and the re-commencement of the flight operations are kept in abeyance until further notice.
The airlines said that it will wait for the finalisation of sale process by lenders. However, even as the Jet Airways is on the verge of closure, several banks continue to offer the the co-branded Jet Airways credit cards.
When contacted a senior official in the know dealing with the Jet Privilege, Mumbai, told The Hans India, "There is no clarity on the issue and the redemption of the JP Miles has been suspended temporarily, on all card offering and in all sectors and classes," he added.
Meanwhile, the airlines is reportedly fighting a battle to reimburse the returns on the cancelled tickets by its passengers who have earlier booked their tickets online in both the domestic and international sectors.
Following the suspension of the redemption of the JP Miles, customers who hold about 15 kinds of the Jet Airways privilege and other variants of cards issued by the American Express, HDFC, ICICI, IndusInd and others would not be in a position to redeem their JP Miles and other free and privileged services, the industry sources said.
