Grounded Jet Airways' Resolution Plan Approved By Creditors
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.
