Lenders

Jalan-Kalrock consortium owner of Jet Airways has began planning to order 200 aircraft after the National Company Law Appellate Tribunal (NCLAT) declined to suspend the ownership

If the winning bidder, the Jalan-Kalrock consortium, and the financing banks cannot agree on how to divide the income from aircraft rentals, lenders led by the State Bank of India (SBI) may force Jet Airways into liquidation.