Jet Airways Fulfills Part Of Its Debt Obligation
Credit: Joe Pries
The backers of India’s Jet Airways have taken an important step toward relaunching the carrier by making a major debt payment. The Jalan-Kalrock consortium confirmed it injected INR1 billion ($12.1 million) on Aug. 31 for payments to creditors. The airline now must make a further INR1 billion...
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