Jet Airways Creditors Prepare For Insolvency Process

Credit: Rob Finlayson
AUCKLAND—The main creditors of India’s Jet Airways have decided to trigger bankruptcy proceedings, which is likely to squash any last hopes of resurrecting the airline. A consortium of Jet’s lenders led by the State Bank of India held a meeting on June 17, after which they stated their decision to...
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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