Monday, 14 October 2019

Tag Archives: lessors

India’s Jet grounds four planes after failing to pay lessors

MUMBAI: India’s Jet Airways has grounded four planes after failing to pay lessors, the airline said, in the latest evidence of financial distress at the debt-laden carrier. The airline – India’s second-largest by market share – is buckling under the weight of debts worth $1.1 billion and is urgently seeking ...

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