New Delhi: India’s aviation regulator said on Tuesday that Jet Airways is currently operating only 41 aircraft, just a third of its original fleet, as the debt-laden carrier struggles to finalise a rescue deal with lenders and its major shareholder Etihad Airways.
The Directorate General of Civil Aviation (DGCA) said in a statement the situation is fluid and that Jet may reduce the number of aircraft it is flying in coming weeks.
Saddled with debt of more than $1 billion, Jet has delayed payments to banks, suppliers, pilots and lessors — some of whom have ended lease deals with the airline before taking the planes out of the country.
