Debt-laden Jet Airways, which approved a provisional resolution plan on Thursday, will need to raise Rs. 3,000 crore by selling (and then leasing back) some of its aircraft, and a new investor would have chip in with another Rs. 3,000 crore, sources with direct knowledge of the plan told The Hindu.
The Jet Airways board, which had approved the bank-led provisioning resolution plan, had estimated the funds requirement to be Rs. 8,500 crore.
