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Jet Airways grounds four more planes, taking total to 32

With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

March 12, 2019 / 19:06 IST
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(Image: Reuters)

Jet Airways Ltd said on Tuesday it grounded four more aircraft, taking the number to 32 which is more than a fourth of its fleet, as the carrier failed to make payments to its lessors.

With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

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Reuters
first published: Mar 12, 2019 07:03 pm

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