Grounded Jet Airways' Resolution Plan Approved By Creditors

PUBLISHED ON: October 18, 2020 | Duration: 1 min, 26 sec

  
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Creditors to Jet Airways have approved a resolution plan which will give country's oldest private carrier a new lease of life, the airline said in a regulatory filing on Saturday. The resolution plan submitted by a consortium of London-based Kalrock Capital and UAE-based businessmen Murari Lal Jalan was approved on Saturday, the filing said, while not revealing other details of the deal.
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