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Tag: K C Venugopal

Premier Jet Airways Is Eclipsed with a default notice by one of its U S Based lessors

Private Premier Air Line Jet Airways has been Eclipsed with a default notice by one of its U S Based lessors International Lease Finance Corp [ ILFC] for non-payment of rentals. Naresh Goyal Is a promoter of Jet Airways.
The Details of default amount could not be ascertained.
As Per P T I Jet has been served a notice by ILFC for non-payment of rentals of its about six Boeing 737s.It May also be added that Jet Airways is also listed by Ministry of Civil Aviation ,for the similar cause .
In March K C Venugopal, Minister of State in the Ministry of Civil Aviation informed Lok Sabha that .Jet Airways has a due of Rs 82.17 crore while its subsidiary Jet Lite has Rs. 27.62 crores.
It Was admitted by the minister that Private airlines, including those who have closed down, have a due of Rs. 526 crore towards the state-owned Airports Authority of India (AAI) till December last year.