Jet Airways defaults on debt payment to banks http://bit.ly/2F0eZ9i - Walletnews For Me

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Tuesday, January 1, 2019

Jet Airways defaults on debt payment to banks http://bit.ly/2F0eZ9i

The payment of interest and principal instalment was delayed "due to temporary cash flow mismatch" and the company is in talks with the consortium. The deadline for the payment was Dec. 31, 2018, Jet said in a statement.
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