Lenders may put entire Jet on block

Jet Airways’ lenders may this week invite expressions of interest (EoI) from investors looking to acquire the ailing airline.

They are planning to put the entire company on the block after asking the current promoters led by Naresh Goyal step down.

Jet Airways’ joint venture partner Etihad Airways has already expressed interest in divesting its stake in the company, as it did not agree to the revised agreement between the shareholders, under which it had to pump in equity of Rs. 1,600 crore afresh.

Pilots’ warning

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