HomeNewsBusinessCompaniesJet Airways grounds 2 more planes, total 23 out of operations

Jet Airways grounds 2 more planes, total 23 out of operations

With the grounding of two more planes, almost 20 percent of aircraft in the airlines fleet are now out of operations.

March 03, 2019 / 17:17 IST
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Beleaguered carrier Jet Airways has grounded two more of its aircraft due to non-payment of lease rentals, taking the total number of planes on ground to 23.

With the grounding of two more planes, almost 20 percent of aircraft in the airlines fleet are now out of operations.

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"An additional two aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements," the airline said in a filing to the stock exchanges on March 2.

It also said that it is actively "engaged" with all its aircraft lessors and regularly provides them with updates on the efforts undertaken to improve its liquidity.