Jet Airways’ cash crunch worsens, 5 single-aisle planes grounded by lessor
The financial turmoil at Jet Airways has impacted the operations of the airline, which has seen about five of their aircraft that includes Boeing 737 aircraft being grounded since Monday night as lessors want to repossess these aircraft, causing inconvenience to passengers. The groundings have led to about 19 flights cancellations.
The groundings have led to cancellation of about 19 flights today that is set to cause inconvenience to passengers booked on these flights.
Source said that one aircraft each were grounded Delhi, Mumbai, Bengaluru and Chennai were grounded since Monday night.
“Lessors want to take back their aircraft and started the process after grounding these aircraft. Over and above this, another aircraft is already grounded, as the lessors had initiated the process to take them back,” said a senior airline executive, who did not want to be identified.
A reply from the airline to an email sent to the airline seeking replies on the issue is still awaited.
Jet Airways has about 123 aircraft in its fleet, including 5 new Boeing 737 MAXs. The airline has also, due to financial crunch, deferred the induction of MAX aircraft in its fleet. Reportedly, the airline was to induct 6 of these aircraft by March but has deferred their induction plan due to cash crunch.