Aviation Why banks were reluctant to give emergency funds to Jet Airways and what happens next, explained Updated : April 18, 2019 02:34 PM IST Jet Airways, saddled with roughly Rs 8,400 crore of bank debt, on Wednesday suspended all operations, domestic and international, temporarily. The domestic carrier has been teetering for weeks after failing to receive a stop-gap loan of about Rs 1,500 crore from its lenders, as part of a rescue deal agreed in late March. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.