Grounded Jet to sell 3 aircraft frames, 6 engines for $46 mn

New Delhi: Grounded Jet Airways has executed an agreement for the sale of three aircraft frames and six engines to a Malta-based entity for USD 46 million.

Jet Airways flew for 25 years before stopping operations in April 2019 due to debt woes and is currently undergoing a liquidation process.

In a filing to the BSE on Wednesday, the airline said it has executed the sale and purchase agreement and related documents for three aircraft frames and six engines.