Jet Airways promoter and former chairman Naresh Goyal 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. Against the backdrop of persisting concerns over the future of the ailing airline, Goyal said he has conscientiously taken some hard, personal decisions in extending cooperation to the consortium of Indian lenders.
“… I have agreed to each and every term and condition laid down by them in a timely manner. “I have given all facilitation for implementation of the ‘Resolution Plan’ and signed on the dotted line as required to ensure release of the much needed funds committed by the lenders, in order to secure a sustainable future for Jet Airways,” Goyal said in a statement.
