Jetlink cuts Sh544m debt repayment deal with suppliers

Jetlink has reached a debt-repayment deal with a supplier company that had filed a court petition for its winding up, raising possibility that the airline could resume operations in the coming months.

Lawyers representing the two firms on Friday told the High Court that Jetlink has reached an agreement with Finejet to settle its debt by end of April, and to subsequently withdraw the court petition.