Change in management of Jet Airways? hints finance ministry source

Change in management of Jet Airways? hints finance ministry source
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  • India

India finance ministry source says that creditors of Jet Airways are trying to revive airline by changing management as banks are trying to protect the interest of consumers and lenders.

Meanwhile, SBI Chairman Rajnish Kumar Wednesday said the lenders of Jet Airways will make every effort to keep the embattled airline flying. Kumar met Finance Minister Arun Jaitley along with Aviation Secretary Pradip Singh Kharola and Nripendra Misra, Principal Secretary to Prime Minister.

On getting a new player in Jet Airways, Kumar said, "No possibility is ruled out". "The dialogue with Etihad is on. It is not that they have conclusively decided that they will go out. But there are certain conditions which they want to be fulfilled and it is nothing but that the airline should be professionally managed and without any interference," he added.

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