Cash-strapped Jet Airways on Monday said it has grounded four more planes, taking the number of aircraft that are non-operational due to non-payment of lease rentals to 41.
Grappling with financial woes, the carrier has been looking at ways to raise fresh funds.
“… An additional four aircraft have been grounded due to non-payment of amounts outstanding to lessors under their respective leasea agreements,” the airline said in a filing to the stock exchanges.
As mentioned earlier, the company is actively engaged with all its aircraft lessors and regularly providing them with updates on the efforts taken to improve the liquidity, it said.