Jet Airways defaults on foreign loan repayment
13th Mar 2019

Jet Airways (India) has defaulted foreign loan repayment due to temporary liquidity constraints. The part repayment of the external commercial borrowing availed by the company for working capital purposes was due on March 11, 2019.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.