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Jet Airways: leasing companies ask back some planes?

Also stop the deliveries of the B-737 MAX

Some companies would have asked Jet Airways to pay the installments of the debts contracted or they will proceed to request the leased planes back, especially because a new postponement -after that of December- in April could put them in financial difficulty as a result. Moreover, the debt repayment plan explained by the executives of Jet Airways in the last meeting with creditors would not have seemed...

M/A - 1217751
Delhi, India, 01/11/2019 12:49
AVIONEWS - World Aeronautical Press Agency

AirlinesJet Airways. New idea: a conversion of debt into shares

One more (desperate) attempt to save the carrier

In the event that the conversion of part of the Jet Airways debt into shares is approved, the State Bank of India (SBI) should enter into the shareholding of the carrier, controlling 30% of it. A measure... more

AirlinesJet Airways: a debt restructuring plan is being examined

It presented to creditors, with Etihad guarantee

From the Indian state bank they assured that the future of Jet Airways -even less in the short term- could be safe, because the carrier's creditors would be considering a corporate and financial restructuring... more

AirlinesJet Airways: Etihad next to take over 49% of the carrier

First step towards the acquisition of the majority

Jet Airways would be dealing with its creditors so as to solve the problems related to the debt, also because Etihad Airways seem intent on increasing the shareholding to 49%. According to "CNBC-TV 18"... more

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