Speculations rife over Indian suitor for Jet Air

High-level officials from the government, the public sector banks and the Prime Minister’s Office (PMO) met Finance Minister Arun Jaitley here on Wednesday to discuss the future of financially-troubled Jet Airways in the backdrop of speculations that an Indian suitor is being searched to save the beleaguered carrier.

Speculations have been building up ever since the airline’s partner Etihad apparently refused to inject any more funds into Jet Airways, leaving just the public sector banks and the National Investment and Infrastructure Fund (NIIF) as the only viable creditors for the airline.

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