Jet Airways shutdown nears, lenders refuse more funding
Lenders to the crisis ridden Jet Airways India Ltd. did not see any reason to infuse more money, they finally refused to bail out the cash-strapped carrier. The bankers have confirmed that there’s no money coming in for now. Though the matter has not yet officially been disclosed, the signs are clearly visible.
Jet Airways executives, including operational heads, are meeting in Mumbai Tuesday…
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