{"id":234019,"date":"2019-02-14T05:35:18","date_gmt":"2019-02-14T05:35:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=234019"},"modified":"2019-02-14T05:35:18","modified_gmt":"2019-02-14T05:35:18","slug":"jet-airways-defaults-on-aircraft-lease-payments-to-mc-aviation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-defaults-on-aircraft-lease-payments-to-mc-aviation\/","title":{"rendered":"Jet Airways defaults on aircraft lease payments to MC Aviation"},"content":{"rendered":"<p>NEW DELHI | MUMBAI: Jet AirwaysNSE -3.17 % has defaulted on aircraft lease rental payments to MC Aviation Partners since October, but it will watch Jet\u2019s board meeting on Thursday and shareholders\u2019 meeting next week before deciding on taking its planes back, a top executive at the lessor said. <\/p>\n<p>India\u2019s second largest airline by market share has taken five Boeing 737 planes on lease from MC Aviation, a subsidiary of Mitsubishi Corp. \u201cJet took the planes on lease in 2013,\u201d the executive said, requesting anonymity. <\/p>\n<p>He said Jet exceeded the grace period of five days for each month, but didn\u2019t elaborate on the quantum of rental dues, and clarified that MC Aviation hasn\u2019t sent any repossession notice to Jet yet. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI | MUMBAI: Jet AirwaysNSE -3.17 % has defaulted on aircraft lease rental payments to MC Aviation Partners since October, but it will watch Jet\u2019s board meeting on Thursday and shareholders\u2019 meeting next week before deciding on taking its planes back, a top executive at the lessor said. India\u2019s second largest airline by market share has taken five Boeing 737 planes on lease from MC Aviation, a subsidiary of Mitsubishi Corp. \u201cJet took the planes on lease in 2013,\u201d the executive said, requesting anonymity. He said Jet exceeded the grace period of five days for each month, but didn\u2019t [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-234019","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/234019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=234019"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/234019\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=234019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=234019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=234019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}