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Jet Airways to delay payments of interest on debentures

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Jet Airways will delay paying interest to its debenture holder, due March 19, owing to financial constraints. Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

Jet Airways grounds additional four aircraft due to non-payment outstanding to lessors

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Jet Airways (India) has grounded additional four aircraft due to non-payment of amounts outstanding to lessors under their respective lease agreements. The company is actively engaged with all its aircraft lessors and regularly provides them with updates on the efforts undertaken by the Company to improve its liquidity. Aircraft lessors have been supportive of the … Read more