Oct 17, 2020 SOURCE: AFP
Creditors back plan to get India's Jet Airways flying again
Creditors on Saturday backed a surprise plan by a consortium to revive Jet Airways 18 months after India's biggest private airline went bankrupt with $1.2 billion in debt.
London investment fund Kalrock Capital and Dubai-based tycoon Murari Lal Jalan proposed the rescue that was "duly approved" by a creditors' committee,...
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