Banks To Take Majority Share In Jet Airways During Bailout
February 15, 2019
AUCKLAND—India’s Jet Airways is seeking shareholder approval of a restructuring plan that will see a consortium of creditor banks become majority owner of the troubled carrier.Jet’s board said it has approved a “bank-led provisional resolution plan.” This restructuring strategy will address a...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.