World Markets

Jet Airways says has not received interim funding, extends suspension of intl flights

Reuters

April 15 () - Jet Airways Chief Executive Officer Vinay Dube said on Monday that the company has not received interim funding from lenders and would extend the suspension of international flights until Thursday.

The airline, which has debt of more than $1.2 billion, has had to ground over two-thirds of its fleet over unpaid dues to leasing companies.

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April 15 () - Jet Airways Chief Executive Officer Vinay Dube said on Monday that the company has not received interim funding from lenders and would extend the suspension of international flights until Thursday.

The airline, which has debt of more than $1.2 billion, has had to ground over two-thirds of its fleet over unpaid dues to leasing companies.


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Reuters

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