Jet Airways’ (India) board has considered various cost cutting measures, debt reduction and funding options, including infusion of capital, monetization of assets including the Company’s stake in its Loyalty programme. The management has been tasked to take this forward and accomplish it in a time-bound manner.
The meeting of the Board of Directors of the company held on August 27, 2018 considered the same.
Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.