Debt financing

All Trujet aircraft grounded, five taken back by lessors

Business Line  

All aircraft of TruJet have been grounded and at least five out of seven aircraft have been taken back by the lessors while two others are in the process of being deregistered. The airline's CEO, CFO, and CCO have quit in the past month, and TruJet has not paid salaries to its employees for at least three months now.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.