Air India chairman Ashwani Lohani is likely to meet State Bank chairman Rajnish Kumar Friday over the national carrier’s plans to lease five wide-body Boeing planes from the now grounded Jet Airways.
Weighed down by a mountain of debt and falling revenue, Jet Airways announced suspension of its entire operations from Wednesday night and owns 16 wide-body planes, 10 B777-300ERs and six Airbus A330s.
The SBI-led consortium of lenders are now running the airline under a debt recast plan.
