India’s Jet Airways In Dire Financial Straits | Aviation International News

India’s Jet Airways In Dire Financial Straits

The country’s oldest privately held airline has entered talks with lessors to avoid aircraft repossession.

By Neelam Mathews

January 30, 2019

India’s Jet Airways is facing gale-force headwinds as its financial status reaches dire straits. The airline has entered discussions with lessors waiting to repossess its aircraft for a delay in payment of dues, an assertion Jet has denied.

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