MoneyWorks4Me

Jet Airways grounds additional 15 aircraft due to non-payment of lease rentals

03 Apr 2019 Evaluate

Jet Airways has grounded 15 more aircraft due to non-payment of rentals to lessors, taking the total number of grounded planes to 69. The fleet strength in the airline has come down to 20 now.

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.

Peers
Company Name CMP
Interglobe Aviation 4921.20
SpiceJet 9.30
TAAL Tech 946.05
Taneja Aerospace 326.05
Global Vectra Helico 130.35
View more..