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Jet Airways' resolution plan stuck due to disagreement with creditors: Report
short by Ambarish Awale / on Monday, 28 November, 2022
Jet Airways' creditors and its new owner, Jalan Kalrock Consortium, are deadlocked over a resolution plan to pull the airline out of bankruptcy, Reuters reported. Creditors may reportedly approach aviation ministry to seek approval to liquidate airline's assets if resolution does not emerge during Tuesday's court hearing. The plan is binding upon all involved parties, airline's new owners said.
read more at Reuters