The consortium of banks, led by SBI, may invoke the entire 51 per cent stake of Naresh Goyal in the airline. Following this, the lenders will start looking for a new buyer in the coming weeks.
The cash-strapped airline has grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54
It is offering jobs to pilots of Jet Airways along with compensation for overdue salaries from the cash-strapped full service airline, IndiGo said on March 12.
Current promoters of Jet Airways have to exit before a new investor can be roped in. The entry of new promoter is unlikely before two to three months
The cash-strapped airline has grounded seven more planes due to non-payment of rentals, taking the number of such aircraft to 54
The airline plans to add 125 A321neo aircraft in its fleet over number of years. In 2019, it will receive 20-25 of these aircraft from Airbus
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