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...

Subscription Required

 

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.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.