Jet Airways to miss interest payment, grounds four more jets

Jet Airways to miss interest payment, grounds four more jets:

Jet Airways has delayed paying interest on debentures coming due on 19 March, and grounded four more jets over defaults on lease rentals as the carrier’s cash crunch show little sign of abating. The carrier disclosed that its interest payments “will be delayed owing to temporary liquidity constraints” in a stock exchange statement. It did […]

source http://www.ncairways.co/aviation/jet-airways-to-miss-interest-payment-grounds-four-more-jets/