MUMBAI: Turbulence-hit Jet Airways on Monday grounded another two aircraft due to non-payment issue making its 20% fleet non-operational.
As of now, 25 of its planes, which account for almost 20% of its fleet are on ground due to severe liquidity crunch in the airline and subsequent failure to pay rentals to various lessors.
In a filing to the stock exchanges, the full-service Jet Airways said, “An additional two aircraft have been grounded due to non-payment of amount outstanding to lessors under their respective lease agreements.”
