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Read More »Debt-laden Jet Air working with banks on bailout plan
Bloomberg Jet Airways India Ltd is working with lenders to revamp its debt as the struggling carrier tries to shore up its financials after recording losses in nine of the past eleven years in a market known for ultra-low fares. The carrier is working on “various options on the debt-equity mix, proportion of equity infusion,†the Mumbai-based company said in ...
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