Jet Airways was teetering on the brink of collapse on Wednesday, operating just five planes and waiting for lenders to release emergency funds to keep the debt-saddled carrier flying.
Airfares on rival carriers have soared and Air France and KLM are operating additional flights to Mumbai to accommodate passengers affected by Jet’s decision to cancel international flights.
As the airline seeks an immediate injection of ₹ 4 billions ($57.5 million) to continue its few remaining services, AFP takes a look at where it all went wrong for Jet. >>
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Airfares on rival carriers have soared and Air France and KLM are operating additional flights to Mumbai to accommodate passengers affected by Jet’s decision to cancel international flights.
As the airline seeks an immediate injection of ₹ 4 billions ($57.5 million) to continue its few remaining services, AFP takes a look at where it all went wrong for Jet. >>
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