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Financial Services

Jet Airways management proposes suspension of all ops – ET Now

April 16 (Reuters) – The management of India’s Jet Airways has proposed to suspend all operations of the debt-laden Indian airline at its board meeting, sources told ET Now on Tuesday.

Sources also told ET Now that former Chairman Naresh Goyal had withdrawn from making a bid for a stake in the company.

Jet Airways did not immediately respond to a Reuters request for comment.

Reporting by Chandini Monnappa in Bengaluru; Editing by Rashmi


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