No one giving funds to pay salaries: Jet to staff

Neither the lenders nor the promoters (Naresh Goyal) / strategic shareholder (Etihad) have given any emergency funding so that at least one month’s pay could be given to employees. Banks are blaming the airline promoter’s alleged failure to let go of Jet in time while the promoters insist they signed so that the airline could have got emergency funds.

from Times of India http://bit.ly/2UV7b1T