A K Purwar likely to chair Jet Airways' interim management committee
The consortium of lenders to Jet Airways is considering roping in former SBI chief A K Purwar as chairman of the interim management committee as the cash-strapped airline looks for a new investor, a senior official said.
Jet Airways, one of the oldest private sector airlines, is sitting on a debt of Rs 8,200 crore and requires about Rs 4,500 crore for carrying on its operation. Reuters