DGCA to seek credible revival plan from Jet Airways, says official
Updated : April 18, 2019 02:26 PM IST
After weeks of uncertainty, Jet Airways on Wednesday announced temporary suspension of its operations as it did not receive emergency funds to stay afloat.
Lenders are carrying out the bidding process for stake sale in the ailing airline, which has a debt burden of more than Rs 8,000 crore.
The DGCA would be asking the company for concrete and credible revival plan to restart the suspended operations, the official said.