Jet Airways lenders ready Plan B - News Summed Up
Jet Airways lenders ready Plan B

Jet Airways lenders ready Plan B

April 21, 2019 18:56 UTC

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Jet Airways lenders ready Plan B


Employees of Jet Airways gather to demand clarification on unpaid salaries at the company headquarters in Mumbai, on April 18, 2019. While lenders are “reasonably hopeful” of a successful bidding process, sources said banks are working on a plan B in case things don’t progress as expected. AI Express plansAir India Express, the international budget arm of Air India, is examining the possibility of leasing some Boeing 737 aircraft of Jet Airways. “We are looking at leasing (B737 of Jet Airways) aircraft but there is no firm decision on the issue so far. The All India Jet Airways Technicians Association, which has around 800 members, has written the open letter.


Source: The Telegraph April 21, 2019 18:56 UTC



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