ADVERTISEMENT
As Jet Airways' Rescue Plan Takes Off, Here's A Look At Key Developments So Far
25 Mar 2019, 08:37 PM IST i


Jet is banking on a bailout by its lenders as it became unable to clear its dues
Cash-strapped Jet Airways on Monday took major steps towards closing a rescue deal with its lenders, with chairman Naresh Goyal and his wife stepping down from the airline's board. Laden with debt of more than $1 billion and faced with an evaporating market value, Jet is banking on a bailout by its lenders as it became unable to pay banks, suppliers, pilots and lessors - several of whom have started terminating leases with the carrie...
Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
ADVERTISEMENT
