The Naresh Goyal-led Jet Airways will retire USD 600-million debt by this fiscal end by way of sale and lease back of some its aircraft.Jet Airways chief financial officer Ravi Shankar G told analysts in a post-earnings conference call. The total debt on the company's balance sheet stood at Rs 12,000 crore by the end of the September quarter against USD 2.4 billion in the June quarter.
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Wednesday, 7 November 2012
Jet Airways to repay $600 m debt by March: CFO
The Naresh Goyal-led Jet Airways will retire USD 600-million debt by this fiscal end by way of sale and lease back of some its aircraft.Jet Airways chief financial officer Ravi Shankar G told analysts in a post-earnings conference call. The total debt on the company's balance sheet stood at Rs 12,000 crore by the end of the September quarter against USD 2.4 billion in the June quarter.
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