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Aviation

Jet Airways grounds seven more planes as it fails to pay lessors

Updated : February 28, 2019 07:01 AM IST

Jet is "actively engaged" with all its aircraft lessors, the airline said,  adding that its aircraft lessors have been supportive of the company's efforts to improve liquidity.
With debts of more than $1 billion, Jet has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.
Jet Airways grounds seven more planes as it fails to pay lessors
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