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Jet crisis deepens, lessors to de-register more planes over 10 days, say sources

Updated : April 05, 2019 04:16 PM IST

About six of Jet's lessors are likely to apply to the Directorate General of Civil Aviation (DGCA) to de-register up to 15 of the grounded planes, over the next 10 days, said one of the sources with direct knowledge of the situation.
Once de-registered, lessors can take the plane out of the country and lease them to other airlines.
Reflecting the overall risk-off sentiment, Indian Oil halted jet fuel supplies to the airline from Friday noon, saying it hopes to soon resolve payment issue with Jet.
Jet crisis deepens, lessors to de-register more planes over 10 days, say sources
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