Conflict Between Jet Airways Owners and Creditors over the Company’s Recovery Plan
The future of Jet Airways is uncertain since its creditors and new owners cannot agree on a plan to save the Indian airline from bankruptcy. If a crucial court hearing on Tuesday ends without a resolution, creditors may contact India's aviation ministry to request permission to liquidate Jet's assets. "There are concerns the resolution plan may fall apart so we are looking to see if we can at least get... Read More