Jetlink seeks to soar out of debts
11 June 2013, 15:52
Nairobi - Troubled airline Jetlink Express is pursuing a restructuring deal that could help revive it and provide relief to hundreds of its former employees.
Aviation fuel supplier Finejet had moved to court in March Business Daily reports, to wind up the grounded Jetlink on account of a KES 14 million ($163,700 million) debt.
The suit attracted at least five other companies, including Equity Bank and the Kenya Civil Aviation Authority, that also filed claims of various amounts against the airline.
- For more visit Business Daily
Join in the conversation on our Facebook page. Also get the latest news by following us on Twitter.