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Jet Airways grounds additional six aircraft due to non-payment of lease rentals

20 Mar 2019 Evaluate

Jet Airways (India) has grounded additional six aircraft (include one aircraft of Jet Lite) due to non-payment of amounts outstanding to lessors under their respective lease agreements.

The Company is actively engaged with all its aircraft lessors and regularly provides them with updates on the efforts undertaken by the Company to improve its liquidity. Aircraft lessors have been supportive of the Company's efforts in this regard.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

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