FlyerTalk Forums - View Single Post - Jet Airways bankruptcy, rebirth & liquidation
Old Oct 11, 2022 | 6:59 am
  #678  
hyho61
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Originally Posted by oliver2002
Kalrock & Jalan are still not paying the 380cr to the lenders... no money, no honey:

https://economictimes.indiatimes.com...w/94667930.cms
This is becoming like a Catch 22 situation. Lenders wont agree to move forward with Jet's plans unless Jet pays, but Jet wont agree to pay until lenders agree. I am beginning to wonder if the consortium has any money to give to the lenders.
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