Tag: financial problems

Leasing Problems at Jet Airways: 21 Aircraft Grounded

Reading Time: 1 minute Financial problems at India’s Jet Airways has now resulted in 21 of its predominantly leased fleet of 119 aircraft grounded through payment default to leasing companies. This figure does not include aircraft which have been grounded for maintenance purposes. Abu Dhabi’s Etihad Airways holds a 24 percent stake in the beleaguered carrier. With an increasing […]