Mumbai: Jet Airways (India) Ltd on Friday deferred plans to sell stake in Jet Privilege, its frequent flyer programme that the Naresh Goyal-led management had repeatedly called a lifeline for the beleaguered airline. The decision comes a day after the Jet Airways board approved a bailout plan that takes away Goyal’s position as majority shareholder of the company.
The company has identified potential buyers for sale and SLB (sale and lease back) of 16 aircraft, including many wide-body planes owned by the carrier, its chief financial officer Amit Agarwal said in an analyst call.