Lenders To Get 50.1% Stake In Jet Airways On Debt Recast
A Boeing Co. 737 aircraft operated by Jet Airways India Ltd. flies over slum housing as it approaches to land at Chhatrapati Shivaji International Airport in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Lenders To Get 50.1% Stake In Jet Airways On Debt Recast

Jet Airways Ltd. agreed to give lenders a majority stake in the cash-strapped airline.The board, as part of a provisional resolution plan, agreed to allot 11.4 crore shares at an aggregate value of...
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