Lessors said to be demanding India deregister JetAirways aircraft

Multiple Leasing companies are said to be demanding JetAirways aircraft should be de-registered as a matter of urgency.

Some 18 aircraft are said to have been targeted by companies worried that there may be a long legal battle ahead to get the aircraft back, most of which are heavily in arrears on lease payments.

Leasing companies are showing little enthusiasm for any possible buyout, the first applications must be in by 10th April with a decision announced by the 30th.

Industry wide there seems to be little appetite for the offer and even if someone does step forward many see JetAirways as an near impossible turn around and a lost cause.

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