Jet Airways, once India‘s second-biggest carrier, is to be liquidated, the country’s Supreme Court ruled Thursday, ending a tumultuous five-year insolvency resolution saga for the bankrupt airline.
The backers of India’s Jet Airways have taken an important step toward relaunching the carrier by making a major debt payment. The Jalan-Kalrock consortium confirmed it injected INR1 billion ($12.1 ...
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