Ex-aviation tycoon Damania blames SBI for Jet Airways grounding

Ex-Damania Airways Promoter Parvez Damania accused SBI-led lenders of not assisting Jet Airways, forcing it to suspend flight operations. "They made Naresh Goyal resign. The lenders should have got the airline's operation in a proper shape if they were planning to sell or market it," the former aviation tycoon said. "It's a terrible setback for the entire industry," he added.