Jet Airways rescue plan unworkable, say lenders

The Jalan-Kalrock Consortium (JKC) has not met various pre-conditions to take over Jet Airways, lenders to the bankrupt airline said, adding its rescue plan is unworkable and liable to be set aside.

The lenders voiced their disapproval during a Supreme Court hearing on several appeals challenging…
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Source: https://www.livemint.com/companies/news/jet-airways-rescue-plan-unworkable-say-lenders/amp-11705517478383.html