NEW DELHI: India’s Jet Airways Ltd said the country’s No. 2 airline by market share will look at selling planes and restructuring its debts as it tries to find ways to end the losses that have plagued it for years.
“We are looking at a lot of consolidation (of our fleet),” Jet’s chairman Naresh Goyal said at a press event in India’s capital yesterday. Goyal said the carrier was talking to its bankers, without giving details of the discussions.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!