FlyerTalk Forums - View Single Post - Jet Airways bankruptcy, rebirth & liquidation

Jun 18, 2019 | 8:16 am

#561

oliver2002

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Quote:

Originally Posted by manish83

Only silver lining in all of this is that employees dues will paid before secured creditors/lenders.

Suuure... employees are owed 3000 crore, but the only asset (16 aircraft valued at 5000 cr) is already part of a secured loan. No chance.

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