Civil Aviation Minister Suresh Prabhu on Wednesday ruled out any interference in efforts to help cash-strapped Jet Airways, saying that the government should not be seen to be doing any kind of deals to help an airline.
Against the backdrop of lenders set to take control of Jet Airways under a debt resolution plan, he said banks are direct stakeholders and are dealing with commercial matters of the airline where the ministry would not like to intervene.
Interacting with PTI journalists here, Prabhu said, “The ministry should not be dealing in any commercial transactions of any kind. Same thing I did for railways or for anywhere else. The issue is between banks and management”.
He was responding to a query about the case of the now defunct Kingfisher Airlines where banks apparently did not intervene.
