Senior executives of grounded Jet Airways met the Union finance minister Arun Jaitley on Friday and requested him to direct the banks to release at least one month's salary. The airline executives also appealed to expedite the bidding process for the airline's stake sale and ensure transparency in the procedure. The airline executives accompanied by Maharashtra Finance Minister Sudhir Mungatiwar also urged the minister to ensure that Jet Airways' slots are protected. "The Finance Minister said he would like to see Jet Airways is revived," the senior pilot said. The airline's revival now depends on successful stake sale initiated by the lenders led by SBI.
Source: Mint April 20, 2019 16:30 UTC