With the lenders deciding to refer Jet Airways to the National Company Law Tribunal (NCLT) after the airline failed to find any buyer, what does it offer in terms of saleable assets in the case of liquidation?
Banks have lent Jet around Rs 8,500 crore and the liabilities, including payments to vendors, are more than Rs 25,000 crore.
Based on an assessment, its most valuable assets are its planes. According to sources, it has 16 Boeings, which include 10 Boeing 777, and a previous valuation by banks says they are worth more than Rs 5,000 crore. Jet had
Banks have lent Jet around Rs 8,500 crore and the liabilities, including payments to vendors, are more than Rs 25,000 crore.
Based on an assessment, its most valuable assets are its planes. According to sources, it has 16 Boeings, which include 10 Boeing 777, and a previous valuation by banks says they are worth more than Rs 5,000 crore. Jet had