Jet Airways' future is up in the air4 min read . Updated: 19 Apr 2019, 12:28 AM IST
- While the government is silent on a Jet Airways revival plan, lenders see the stake sale process as key to the airline's future
- Jet Airways employees union, meanwhile, criticized banks for not infusing funds and said it would approach the labour commissioner
Mumbai: Once a poster boy of Indian aviation, the fate of Jet Airways (India) Ltd and its more than 15,000 employees hangs in the balance a day after the airline suspended operations even as its lenders, the civil aviation regulator and the union government struggle to find ways to revive the company.
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