 "Jet Airways")
Lenders to ailing private carrier Jet Airways will finalise their decision on recasting loans (of over Rs 8,000 crore) and providing fresh financial support in three weeks. A source close to the development said, “Lenders are getting into the driver's seat.” He refused to elaborate further.
Senior public sector bank executives said some bank chiefs and senior officials held a detailed discussion on the state of Jet on January 2. These were deliberations on options including fresh capital infusion by the management and/or some new investors.
