Long-term business partners help keep debt-laden Jet Airways on flightpath

Several long-term business partners of Jet Airways have stepped in to ease the pain for the cash-starved company, it is learnt. Help is coming from aircraft manufacturers, lessors and even state-owned Airports Authority of India (AAI), a source said. For instance, Seattle-based Boeing has returned a portion of the pre-delivery payment that the airline had made for the first tranche to procure 75 Boeing 737 Max. Currently, the airline has two Boeing 737 Max in its fleet and plans to induct another three by the end of September. ALSO READ: Jet Airways board meets on August 27, wi.....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.

Outbrain