Thursday 28 March 2019

Crisis ridden Jet Airways delays ECB repayment amid financial woes

Cash strapped Jet Airways, where lenders are set to take control under a debt resolution plan, Thursday said it has delayed repayment of overseas borrowing due to “temporary liquidity constraints”. This is at least the fourth time that the airline has defaulted on debt repayment in recent months. After two months of speculations and uncertainties […]

source http://www.ncairways.co/india-news/cash-strapped-jet-airways-delays-ecb-repayment-amid-liquidity-crunch/

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