Feb 14, 2019 SOURCE: AFP
Lenders offer rescue deal for India's Jet Airways
India's debt-laden Jet Airways on Thursday approved a $1.19 billion bailout plan by its lenders to bridge a funding gap, providing a capital lifeline to the struggling airline.
The offer of almost 85 billion rupees would make its lenders the largest shareholder in India's second biggest airline.
The Mumbai-based carrier has...
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