Jet Airways grounds more aircraft on lease payment defaults

Credit: Rob Finlayson
India’s Jet Airways has been forced to ground more of its aircraft because of lease payment defaults, as negotiations continue over a bailout plan and an ownership reshuffle for the Mumbai-based carrier. Jet Airways admitted in a Feb. 7 stock market filing that it had grounded four aircraft after...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.