Lenders mulling plan to take over Jet Airways, sell it after revival
NEW DELHI: Indian lenders may consider plans to buy a controlling stake in Jet AirwaysNSE 3.43 % and sell it later to an interested party as the promoters of the ailing airline have failed to agree on a deal. “Lenders will acquire a substantial stake in Jet, and then sell the airline after a couple of months,” said a government source who did not want to be identified.
As part of the plan, State Bank of India — the lead bank in the lenders’ consortium — has asked Naresh Goyal, his wife Anita Goyal and two other members on Jet board to step down. ET had reported this on Thursday.
