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Lessors to India's troubled Jet Airways consider taking back planes
Crisis talks between India’s cash-strapped Jet Airways Ltd (JET.NS) and aircraft lessors have failed to ease a row over late payments, prompting some lessors to explore taking back aircraft, three people familiar with the matter told Reuters. (www.reuters.com) Plus d'info...
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India's middle class want to fly but not pay very much. Expensive airliners , crews, mechanics and ground support cost real rupees, so pretty soon the prices must reflect the true cost of keeping planes, pilots, mechanics and ground support. If the people don't fly given the costs involved, tthen give the aiplanes back to the lessors.
