New Delhi: State Bank of India (SBINSE 1.60 %) has called an urgent meeting of lenders with Jet AirwaysNSE 2.06 % Chairman Naresh Goyal and the domestic carrier’s significant shareholder Etihad Airways’ CEO Tony Douglas on Wednesday to discuss a way forward for the debt-laden airline, sources said.
The meeting, to be held at SBI’s office in Mumbai, assumes significance amid differences persisting between Goyal, the lenders and Etihad, which has 24 per cent stake in Jet Airways.
SBI is the lead lender of a consortium that has extended loans to Jet Airways.
While there was no official word from the airline, as also from the lenders, officials aware about the development said the meeting has been called by SBI and both Goyal and Douglas would be present.
