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Jet Airways asks for postponement of payment of debts

The economic situation of the carrier is increasingly complicated

Jet Airways would have requested yesterday from some Indian banks to postpone the payment of the installment to pay off the debts, thus increasing doubts about the possible survival of the carrier, which is 24% owned by Etihad. While they are asked to delay the balance of the installment and the expected interest, the executives of Jet Airways are dealing with both those of the company of Abu Dhabi...

M/A - 1217438
Delhi, India, 01/02/2019 11:29
AVIONEWS - World Aeronautical Press Agency

AirlinesJet Airways: note about its situation

It denies rumors and speculations appeared in the media

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AirlinesJet Airways: bank loan to "save" the carrier?

Tomorrow will be a meeting between the company's top management and the debtors

Jet Airways would be very close to sign an agreement with the State bank of India for a new loan of $ 215 million that would allow it to re-enter precious cash at the cash desk, managing to pay back wages... more

AirlinesJet Airways rating downgraded at the defaulted company level

Concrete bankruptcy risk for the carrier

After yesterday the airline Jet Airways asked the creditor banks to postpone the payment of the debt installments due to the absence of liquidity in cash, the shares on the Stock Exchange fell and the... more

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