New Delhi: Lenders are exploring ways to utilise about 15 planes owned by Jet Airways and also discussing with authorities on protecting the valuable assets, including airport slots, of the now-shuttered airline, banking sources said.
As they wait for completion of the bidding process for stake sale, the domestic lenders, led by SBI, are looking at options to raise funds from available assets of the carrier, which has served the Indian skies for nearly 26 years.
Left with no cash to continue flying, the once-mighty Jet Airways on Wednesday suspended operations temporarily — a decision that has also left more than 20,000 employees as well as various other stakeholders in the lurch.
