"Proposal of the owner of Jet Airways: The airline service will be launched by paying around Rs 380 crore".
The owner of Jet Airways wants to start a new flight after a long time. He decided to start the flight by paying around Rs 380 crore on loan. The announcement was made by the Jalan and Florian Flitz groups in Mumbai.
But the decision raises the question of how Jet Airways is going to launch the airline with a loan of Rs 40,000 crore. In this context, an official of Jet Airways said that these are nothing more than exaggerating the amount of debt.
Only the financial advisers do the rest of the loan. After taking charge of the Jalan and Flitz group companies, it has been seen that there is a debt of about Rs 15,000 crore to be repaid.
However, the owner of Jet Airways said that if the flight service is launched, Rs 590 crore more will be paid in the third, fourth and fifth year. With this announcement, there is a lot of discussion among many people as to why lenders and creditors should accept this.
In his reply, the owner of the jet said that if the creditors file a case or the jet is not launched, the creditors will suffer. As a result, they will not get any money. But if they accept the demand, they will get some share.
If Jet Airways operates regularly, discussions will continue on repaying the remaining loan. As a result, they have no choice but to accept the offer. Since then, plans have been drawn up by Jet Airways, including the Jalan and Flitz groups.
They have expressed interest in launching passenger services as well as product services in the country and abroad. Jet now has six aircraft. According to their plan, the company wants to bring a total of 120 aircraft in the next 5 years, 1 per month. The company aims to make its financial position more sustainable by partnering with international organizations.