Flight cancellations temporary, says Jet

NEW DELHI: Cash-strapped Jet Airways described flight cancellations as a “minor disruption” in operations and said these were of a “temporary nature,” adding that it was in active discussions with lessors. The company told the stock exchanges that at least five of its planes are grounded and three are being returned to lessors due to leasing and engine-related issues.“The cancellations were necessitated due to a scheduled termination of aircraft lease and to carry out an engine normalisation exercise,” Jet said. “The aircraft temporarily grounded for the engine normalisation exercise are therefore expected to rejoin the scheduled operations on Friday (February 1). The company is actively engaged with all its aircraft lessors, and has been regularly providing updates on the efforts undertaken by the company to improve its liquidity.”67763536 ET had reported that five of Jet’s aircraft had been grounded, leading to the cancellation of 19 flights on Tuesday. A similar number of flights did not operate on Wednesday.“Please note that the company has grounded one aircraft for scheduled termination of its engine's airlease and one aircraft for technical reasons,” the airline said. “The company is also in process of redelivering three aircraft to lessors due to the scheduled expiry of their respective lease terms.”Three planes have been temporarily grounded by to carry out engine “normalisation,” it said. “Once the engines are normalised all three aircraft will be ready to fly. We expect this process to be complete by Friday.”

from Economic Times http://bit.ly/2GaH7qN