BusinessDebt-Hit Jet Currently Flying 15 Aircraft On Domestic Routes, Says Government: 10 Points
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Debt-Hit Jet Currently Flying 15 Aircraft On Domestic Routes, Says Government: 10 Points
Debt-ridden Jet Airways has delayed payment to pilots, suppliers, lessors
Creditors have temporarily taken majority stake in the airline
Last month, SBI-led group of lenders granted a Rs 1,500-crore loan to Jet
Jet Airways' lenders group has on a temporary basis taken a majority stake in the airline
Commenting on the funding issues of the airline, Mr Kharola said, "The issue is between bankers and Jet management. So they are discussing with each other."
In its statement on Wednesday, Jet Airways said: “As informed to the regulator (DGCA), the airline is operating a curtailed schedule with sufficient number of aircraft, and is compliant with applicable guidelines.”
Jet Airways has delayed payments to pilots, suppliers and le...