Financially-stressed Jet Airways Tuesday said it has grounded another four of its aircraft due to non-payment of lease rentals.
With this, the total number of aircraft taken out of operations due to severe liquidity crunch in the airline and its subsequent failure to pay rentals to various lessors now stand at 32 so far.
In a filing to the stock exchanges, the full-service airline said, “An additional four aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective lease agreements.”
However, Jet Airways chairman, in a letter to the airline’s equity partner Etihad Airways’ chief executive officer Tony Douglas last week said that more than 50 aircraft are grounded.
