Aviation Jet Airways seeks shareholder approval for debt to equity swap Updated : January 28, 2019 07:34 PM IST Jet Airways, saddled with debts of about $1.14 billion, has been hit by fierce competition, rupee depreciation and high oil prices. The airline will seek a green light from shareholders to convert part or all of its loans into equity at a special meeting on Feb. 21, subject to regulatory approval. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.