March 12, 2019 / 1:26 PM / 8 days ago

Jet Airways grounds four more planes, taking total to 32

FILE PHOTO: A Jet Airways plane is parked as another moves to a runway at the Chhatrapati Shivaji International airport in Mumbai, India, February 14, 2018. REUTERS/Danish Siddiqui/File Photo

(Reuters) - India’s Jet Airways Ltd said on Tuesday it grounded four more aircraft, taking the number to 32 which is more than a fourth of its fleet, as the carrier failed to make payments to its lessors.

With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.

Reporting by Chandini Monnappa in Bengaluru; Editing by Shreejay Sinha

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