Jet Airways Admits Aircraft Groundings After Lease Defaults
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...
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.