Business Standard

India's Jet Airways says four aircraft grounded for non-payment to lessors

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Reuters SINGAPORE

SINGAPORE (Reuters) - Struggling Indian airline Jet Airways said late on Thursday it had grounded four aircraft due to non-payments to lessors.

"The company is making all efforts to minimise disruption to its network due to the above and is proactively informing and re-accommodating its affected guests," Jet said in a statement to the Bombay Stock Exchange.

The airline did not name the leasing firms involved.

Reuters last month reported that lessors were considering taking back planes after a meeting with the airline that one source familiar with the matter described as an ill-tempered showdown.

(Reporting by Jamie Freed; Editing by Michael Perry)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Feb 08 2019 | 6:26 AM IST

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