Friday, May 10, 2019

Jet Airways sued by Hong Kong fuel supplier over unpaid US$1.1 million bill

A Hong Kong-based fuel supplier has sued the grounded Jet Airways over a US$1.1 million bill it said has not been paid, despite repeated demands.
Documents filed to the High Court on Thursday showed India’s oldest private carrier had agreed in April 2018 to buy jet fuel from Sinopec (Hong Kong) Aviation Company.
Sinopec began fuel delivery on March 1, but the agreement fell through in less than a month as the supplier’s lawyers claimed Jet Airways had defaulted on payment and ignored demand letters to settle the bill.
“Up until now, the defendant has not disputed the sums and has not yet repaid the outstanding debts or any part thereof,” the plaintiff’s lawyers wrote.
The legal action came to light on the same day as the deadline for investors to submit bids to bail out Jet Airways, which has grounded all flights since April 17 because of a lack of funding.
The embattled airline had operated 123 aircraft and more than 600 daily flights, staffed by about 16,000 employees, at its peak.
10/05/19 Jasmine Siu/South China Morning Post