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Jet Delays ECB Repayment Due To Liquidity Constraints


29 March 2019

OMMCOM NEWS


Mumbai: Financially troubled Jet Airways on Thursday said that the repayment of the External Commercial Borrowing (ECB) availed by the company for working capital purposes has been delayed.

In a regulatory filing to the BSE, Jet Airways said: "This is to inform you that the repayment of the External Commercial Borrowing, availed by the company for working capital purposes, falling due on 28 March 2019, has been delayed owing to temporary liquidity constraints..."

The airline said it has engaged with lender in relation to the issue.

(IANS)