Jet Airways lenders seek more time

Jet Airways creditors are seeking court action to save the bankrupt carrier from liquidation as a key deadline looms. Lenders plan to request the court to extend a mid-March deadline for creditors to agree on a resolution plan. Potential buyers are also seeking more time to prepare bids. The airline could be forced into liquidation if there’s a further delay.

Leave a Reply

Your email address will not be published. Required fields are marked *