Indian civil aviation secretary Pradeep Singh Kharola has announced that no more Jet Airways aircraft will be grounded and the airline will fly 40 more aircraft from April onwards. Some 54 aircraft are grounded due to non-payment of lease rentals. The airline’s total fleet stands at 119, of which 103 were flying till December. On March 25, the Jet Airways board approved the conversion of lenders’ debt into equity by the issuance of 11.4 crore equity shares, which made the consortium of Indian lenders, led by State Bank of India (SBI), the majority shareholders of Jet Airways. The board also

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