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Jet Airways: approved by the BoD the transformation of debt into shares?

Next phase will be a step backwards of the president

The Board of Directors of Jet Airways would have approved the agreement for the rescue of the carrier that foresees the transformation of the debt in actions of the total value of approximately 1,2 billion dollars. An important way forward because it will allow the Indian airline to continue operating, above all thanks to the Indian State bank that will buy the majority of the debt which will then...

M/A - 1218849
Delhi, India, 02/14/2019 19:14
AVIONEWS - World Aeronautical Press Agency

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