Jet Airways board likely to consider multiple fundraising options today

Ailing airline likely to report third consecutive quarterly loss

Naresh Goyal-controlled Jet Airways at its board meeting on Monday is likely to consider multiple fundraising options to turn around the airline amid a tough operating environment and cash crunch.

“There will be a discussion on the way forward at the board meeting as financial re-energisation is the need of the hour,” a source privy to the development told Business Standard.

According to him, the board would explore the options the company has received so far and weigh each of them.

“As a policy, Jet Airways does not comment on speculation,” said a spokesperson.

The board is also expected to