Jet Airways Groundings Rise Despite Funding Deal

Credit: Rob Finlayson
AUCKLAND—Indian airline Jet Airways is still grounding more aircraft due to lease payment defaults, even though the first parts of a bailout plan have been put in place. The airline confirmed in a stock exchange filing that another 15 aircraft have been grounded as of Apr. 2. This represents the...
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.

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.