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Jet Airways grounds 4 more planes

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

Bengaluru: India's Jet Airways Ltd said on Tuesday it grounded four more aircraft, 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.

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