Jet Airways lenders to push forward with rescue plan; no clarity on interim funding
Jet`s lenders said they plan to seek expressions of interest in the airline from potential investors from April 6 and that all submissions from interested parties are expected to be completed by April 9.
Jet, India`s oldest private carrier, has been saddled with more than $1 billion in debt, compounding its financial woes and forcing it to ground more than two-thirds of its fleet. Photo: Reuters