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Jet Airways looking to restructure debts

: Thursday, July 24 - 2014 @ 03:59

Naresh Goyal, chairman of India’s Jet Airways has said the country’s second-largest 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, Reuters has reported. “We are looking at a lot of consolidation (of our fleet),” Goyal said at a press event in New Delhi. He said the carrier is talking to its bankers, without giving details of the discussions.

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Thursday, July 24- 2014 @ 3:59 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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