India’s Jet Airways faces imminent shutdown without emergency funds: sources

FILE PHOTO: Jet Airways aircrafts are seen parked at the Indira Gandhi International Airport in New Delhi, India, April 13, 2019. REUTERS/Anushree Fadnavis

MUMBAI/NEW DELHI (Reuters) – India’s Jet Airways Ltd will be forced to shut down as soon as Wednesday if it does not get emergency funding from its lenders, two sources familiar with the matter said on Tuesday. Bankers and an Indian government official said lenders are trying to line up funds to keep aloft the […]

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