Summary
- Reviving Jet Airways has been a challenging process, with the consortium given a deadline to pay a substantial amount to creditors by the Indian supreme court.
- The relationship between the consortium and its creditors has turned sour, with multiple legal issues and counterclaims causing further complications.
- If there is no clear resolution plan, the only option left may be to liquidate what remains of the airline, which would be a unfortunate outcome for all parties involved.