Jet Airways says discussing SBI resolution plan with shareholders

Jet Airways said the plan contemplates options on the debt-equity mix, proportion of equity infusion by stakeholders and change in the airline’s board

Jet Airways Ltd said it was discussing with shareholders about a resolution plan with State Bank of India. Photo: Abhijit Bhatlekar/Mint
Jet Airways Ltd said it was discussing with shareholders about a resolution plan with State Bank of India. Photo: Abhijit Bhatlekar/Mint

Bengaluru: Beleaguered Indian carrier Jet Airways Ltd said on Wednesday it was discussing with shareholders about a resolution plan with State Bank of India.

The plan contemplates options on the debt-equity mix, proportion of equity infusion by stakeholders and change in the airline’s board, the company said in a statement.

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