Jet Airways Admits Aircraft Groundings After Lease Defaults

Credit: Rob Finlayson
AUCKLAND—India’s Jet Airways confirms it has been forced to ground four of its aircraft due to defaults on lessor payments, as the airline continues to work on a bailout plan to address its financial woes. In a stock exchange statement dated Feb. 7, Jet said the aircraft are grounded because of “non...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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