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Grounded Jet Airways' employees find an investor in Adi Partners

Staff join hands with private equity firm to pick up 75% stake in the bankrupt airline

According to estimation of Sanjay Vishwanthan (left), chairman of Adi Partners, the airline will need Rs 5,000 crore to restart operations. Photo: Dalip Kumar
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According to estimation of Sanjay Vishwanthan (left), chairman of Adi Partners, the airline will need Rs 5,000 crore to restart operations. Photo: Dalip Kumar

Arindam Majumder New Delhi
Vishesh Khanna’s career as a pilot is as old as Jet Airways. Of the 25 years he has been in the profession, he has been a Jet employee for 23 years. 

For Khanna, who flew the Airbus A330, loyalty towards the brand still persists and despite remaining unpaid for six months, he has opted out of multiple joining calls from IndiGo. 

“I still believe Jet will fly. I would wait for that day,” he says. About 5,000 employees like Khanna on Friday joined hands with London-based Sanjay Vishwanthan, chairman of private equity firm Adi Partners, to pick up a 75 per cent
Topics : Jet Airways

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First Published: Jun 28 2019 | 11:08 PM IST

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