Jet Airways future hinges on today's meeting with lenders
Updated : April 15, 2019 11:23 AM IST
The airline stares at almost negligible or nil operations from Monday if lenders do not agree to infuse the interim funding of Rs 1,500 crore.
The airline needs to fly at least 5 planes in order to maintain its permit as a scheduled operator under the DGCA norms.
Except for State Bank of India, other banks are not comfortable in lending more to the carrier without an investor already in place.
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