Jet Airways shareholders have approved a measure to merge Jet Airways with JetLite to create greater efficiency.
In a regulatory filing to the Bombay Stock Exchange, Jet Airways said: "The equity shareholders of the company have approved the scheme of merger between JetLite (India) Ltd and Jet Airways (India) Ltd and their respective shareholders and creditors.
Jet merger approved by shareholders
Jet Airways shareholders have approved a measure to merge Jet Airways with JetLite to create greater efficiency.
In a regulatory filing to the Bombay Stock Exchange, Jet Airways said: "The equity shareholders of the company have approved the scheme of merger between JetLite (India) Ltd and Jet Airways (India) Ltd and their respective shareholders and creditors.