Downfall of Jet Airways: Banks had seen writing on the wall with over a billion dollars to be paid back, but yet acted too late

It has been roughly a week now that Jet Airways has not had even a single plane up in the air. With every passing day, it looks like the management is losing the plot about having an airline which was supposed to be revived and is being disintegrated instead. Let there be no mincing of words: The airline, although one of India’s finest brand ambassadors abroad, was being run by just one person alone, Naresh Goyal.

On the downfall of Jet Airways and the path ahead for the cash-strapped airline >>

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Categories: Jet Airways Apr 2019