Jet Airways has fuel supply only till Tuesday afternoon: Sources
NEW DELHI/MUMBAI: Financially-stressed Jet AirwaysNSE -3.48 % has time till Tuesday afternoon to pay fuel vendors failing which it might have to ground its operational fleet, industry sources said on Monday.
According to industry insiders, the company is almost out of funds and is relying solely on the scant funds being infused by lenders on an expense-to-expense basis.
“The fuel supply is expected to run out from Tuesday afternoon as fresh payments would be required for vendors,” an industry source told IANS in New Delhi.
