Under pressure of $1.14 billion in debt, Jet grounds 4 aircraft zeenews.india.com

India`s Jet Airways Ltd has grounded four aircraft after failing to make payments to lessors, in a sign that leasing firms are losing patience with the heavily indebted carrier. The airline, India`s second-largest by market share, did not name the leasing firms involved, nor clarify whether the groundings were voluntary or forced. Jet Airways has a large fleet of mainly Boeing Co 737 jets which it sources from over 20 lessors.