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Jet Airways alliance partners will break partnership due to Jet Airways grounds more aircrafts


Jet Airways alliance partners will break partnership due to Jet Airways grounds more aircrafts Kasworld-Aero

Jet airways alliance partners will break partnerships because a day earlier reported that Jet Airways may be forced to ground 42 aircraft in two days. As per a PTI report, the company had grounded as many as 13 planes as of February 27.

Six more aircraft of Jet Airways were grounded on February 28 due to non-payment of lease rentals, the company said in a filing. Seven aircraft of the carrier were grounded a day earlier.

We had recently reported that the Naresh Goyal founded airlines may be forced to ground 42 aircraft in two days. According to PTI, as many as 13 planes have been grounded by the carrier as of February 27.

Saddled with a billion dollars in debt, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months. Many web had also reported that Jet Airways has rationalised its network and cancelled over 300 flights in February-March to cut costs and help tide over the cash crunch.

However, a Reuters report quoting sources said that Goyal has agreed to step down as chairman of the airline's board, a move that brings the cash-strapped carrier closer to securing a rescue.

Jet airways alliance partners will break partnership or not a big question now a days in aviation. Indian Aviation growing up but Jet Airways going down due to failure  to pay lease dues.

Credit :    Avi News   

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