Jet Airways will seek the approval of shareholders and creditors for the proposed merger of JetLite with itself. Jet Airways’ board had approved the merger of JetLite with the airline in September. According to a regulatory filing Monday, Jet Airways said it will seek the nod of “equity shareholders, secured creditors and unsecured creditors” for the proposed merger April 22. According to Jet Airways, the merger would lead to greater efficiency in cash management of the merged entity and “unfettered access to cash flow generated by the combined business which can be deployed more efficiently to maximise shareholder value”. Jet Airways chairman Naresh Goyal had said in September last: “The merger of JetLite into Jet Airways is a key step to strengthen Jet Airways’ operations and create a seamless organisation". <br/>