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Jet Airways: SBI will buy the majority of the carrier for a rupee

The situation remains critical and almost compromised

The State Bank of India (SBI) denied what was written in the local press about the decision to bring the financial books of Jet Airways to court, judging these voice as "speculative". Assertions that arrive a few days after the heavily indebted $ 1.2 billion airline has agreed on a plan to sell the majority of the shares in SBI for 1 rupee. A ridiculous amount that could allow the state bank to take...

M/A - 1219181

AVIONEWS - World Aeronautical Press Agency
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