Monday, May 06, 2019

Frequent flyers and employees who want to buy Jet Airways should first look at America’s United

Regular flyers and employees of India’s oldest private airline, Jet Airways, are now stepping in to rescue the temporarily grounded carrier.
A group of frequent flyers of Jet has approached the airline’s key lenders—including the State Bank of India (SBI) and ICICI Bank—with a buyout plan, the news agency IANS reported on May 05.

The story of United Airlines has many parallels with that of the embattled Jet. Read how >>