India’s Jet Airways seeks capital injection, defaults on loan payment

Credit: Rob Finlayson
India’s Jet Airways continues to seek fresh capital to secure its future after the carrier defaulted on a debt payment. On Jan. 1, the company informed the National Stock Exchange of India that the payment of “interest and principal installment … to the consortium of Indian Banks (led by State Bank...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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