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Jet Airways grounds its operations in Abu Dhabi Airport

Jet Airways has a debt of over Rs 8,200 crore and needs to make repayments of up to Rs 1,700 crore by the end of March. It has already defaulted on an ECB payment earlier this week but is servicing its domestic debt.

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Jet Airways

Jet Airways

Jet Airways has grounded its operations at Abu Dhabi Airport from Monday for an indefinite period, citing operational reasons. Abu Dhabi is one of the two international hubs of Jet Airways. Dutch capital Amsterdam is the European gateway for the airline for its operations to Europe and beyond.

"Jet Airways has cancelled all their flights from Abu Dhabi with immediate effect from March 18 due to operational reasons," Etihad Airport services said in a notification to its passengers Sunday. Etihad Airport Services is the ground handling arm of Jet Airways investment partner Etihad Airways. Abu Dhabi airport also serves as the main hub of the UAEs national carrier.

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