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Have Agreed to Every Condition Laid Down by Jet Airw...

CNN-News18 Follow
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  • 4 years ago
- Jet Airways promoter and former chairman Naresh Goyal on Wednesday said he has agreed to every term and condition laid down by lenders to ensure timely release of funds for the airline

- The crisis-hit carrier is set to undergo a debt resolution whereby lenders will take control and also infuse funds worth Rs 1,500 crore

- Goyal said he has conscientiously taken some hard, personal decisions in extending cooperation to the consortium of Indian lenders

- The statement also comes a day after the airline disclosed grounding of 15 more planes due to non-payment of lease rentals

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