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RSS FeedsLenders Take Over India`s Ailing Jet Airways Amid Financial Woes
(WorldNews Asia)

 
 

25 march 2019 20:20:03

 
Lenders Take Over India`s Ailing Jet Airways Amid Financial Woes
(WorldNews Asia)
 


Lenders have acquired a 51 per cent stake by injecting $218 million into the cash-strapped airline. With this, founder Naresh Goyal`s position as owner of the airline has been nullified. Goyal has also ceased to be the chairman, with an interim committee of lenders taking over the management. ......


 
5 viewsCategory: General > Asia
 
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