Jet Airways to seek interim funding from lenders on Monday

Mumbai: Jet Airways (India) Ltd, struggling to stay afloat and avoid being taken to the bankruptcy court, will on Monday meet with lenders—led by the State Bank of India (SBI)—with a fresh demand for interim funding.

The airline has suspended its international operations till Monday afternoon.

SBI Capital Markets Ltd, which is managing a Jet Airways stake sale, got expressions of interest (EoI) from about five investors until about an hour before the end of a four-day window that ended on Friday.