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Jet Airways Grounds Three More Planes, Takes Total To 28

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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Jet Airways Grounds Three More Planes, Takes Total To 28

Jet Airways Ltd said on Thursday it grounded three more aircraft as it failed to make payments to its lessors, taking the tally of planes hit by the defaults to 28.

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



(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


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