{"id":234101,"date":"2019-02-14T05:48:32","date_gmt":"2019-02-14T05:48:32","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=234101"},"modified":"2019-02-14T05:48:32","modified_gmt":"2019-02-14T05:48:32","slug":"jet-airways-lessor-to-decide-on-repossessing-plane-after-board-meeting","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-lessor-to-decide-on-repossessing-plane-after-board-meeting\/","title":{"rendered":"Jet Airways&#8217; lessor to decide on repossessing plane after board meeting"},"content":{"rendered":"<p>MC Aviation Partners, an aircraft leasing subsidiary of Mitsubishi Corp, will wait for Jet Airways\u2019 board meeting tomorrow before making a decision on repossessing planes it has leased to the carrier, a top executive said Wednesday. <\/p>\n<p>India\u2019s second largest airline by market share has taken five Boeing 737 NG planes on lease from MC Aviation and hasn\u2019t paid it monthly rentals since October, the executive said requesting anonymity. <\/p>\n<p>\u201cJet took the planes on lease in 2013. We have worked with the airline for many years and it has been in financial trouble before. But it has always come out of it. We hope a decision (on additional funding) will be taken tomorrow,\u201d said the executive, adding the lessor hasn\u2019t sent any repossession notice to Jet yet. He didn\u2019t elaborate on the quantum of rental dues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MC Aviation Partners, an aircraft leasing subsidiary of Mitsubishi Corp, will wait for Jet Airways\u2019 board meeting tomorrow before making a decision on repossessing planes it has leased to the carrier, a top executive said Wednesday. India\u2019s second largest airline by market share has taken five Boeing 737 NG planes on lease from MC Aviation and hasn\u2019t paid it monthly rentals since October, the executive said requesting anonymity. \u201cJet took the planes on lease in 2013. We have worked with the airline for many years and it has been in financial trouble before. But it has always come out of [&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-234101","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\/234101","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=234101"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/234101\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=234101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=234101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=234101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}