Airlines
Creditors Approve Bid for India’s Jet Airways
Grounded since April last year, debt-laded Jet Airways appears positioned to restart operations early in 2021.

Even as Covid-19 has devastated the aviation industry globally, a resolution plan submitted by a consortium of London-based asset management company Kalrock Capital and UAE-based entrepreneur Murari Lal Jalan to bid for Jet Airways has won the approval of creditors including major public sector banks.


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