Jet Airways CEO: Returning to operation makes sense for us and for our lenders

    Jet Airways CEO Vinay Dube said the carrier remains in contact with lenders about debt resolution, and that returning the airline to operation “makes sense for them because it preserves their value as well” (ET Now/Times of India, 24-Apr-2019). As previously reported by CAPA, Jet Airways halted flight operations indefinitely earlier in Apr-2019, after failing to reach agreement with lenders about debt extensions to allow it to continue operating. Mr Dube reported the carrier has requested its lenders provide approximately INR10 billion (USD144 million) too allow it to resume operations.