Jet Airways’ Lenders Are Not Optimistic About Revival Plan

The path to reviving India’s grounded full-service airline Jet Airways hasn’t exactly been smooth. There was a sense of optimism a couple of years ago when things were moving rapidly, but several disagreements between the airline’s winning bidders and lenders surfaced as time progressed. And the creditors’ latest interaction with India’s Supreme Court suggests they are not very optimistic about Jet’s revival plan.