Government reassures Jet Airways lenders, says slots given to others 'temporary' - Times of India
23 April 2019 6:37 AM GMT
India Business News: Jet?s unutilised slots are being given to other airlines so that they can add flights and help bring down runaway fares. However, this led to fears th
- The ministry said it has formed a committee to give Jet's slots temporarily to only those airlines "which bring in additional capacity (aircraft).
- Since Jet does not really own anything, it could be attractive for buyers only for its slots at airports, flying rights to other countries and the experienced team of professionals like pilots, engineers and cabin crew.
- Lenders led by State Bank of India are undertaking a process to find a new buyer for the now-grounded airline.
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