Wednesday, 17 April 2019

Jet Airways runs out of steam, lenders refuse lifeline, staff left in the lurch

It’s unclear whether the airline will ever operate, but if it does so, it will be under a new owner. This, at the moment, seems highly unlikely as lenders themselves are reluctant to put more money and they scurry to find a willing investor with deep pockets to pour new money into the airline.

source http://www.ncairways.co/aviation/closed/

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