Jet Airways lenders to meet on Apr 4 on SC’s RBI circular ruling
  • WebDesk BTVI
  • Apr 03 2019

The Supreme Court verdict on RBI February 12 circular likely to affect Jet Airways. The fate of the airline, which has been in a severe fund crunch and was forced to ground the bigger chunk of its fleet, hangs on tomorrow’s meeting of the lenders. Lenders are set to meet on April 4 to discuss resolution plan on the SC ruling. If a resolution is not found soon, the airlines is likely to shrink further with no funding coming in.