Thursday, July 22, 2021

Kingfisher Airlines & Jet Airways: Prosenjit Datta examines the case of two bankrupt airlines

in their heyday, both Jet and Kingfisher offered excellent flying experience for customers. While Kingfisher never made profits, Jet was for long, a profitable market leader. Their failures had more to do with bad strategic decisions, poor operations planning and cut-throat competition.

The very different loan recoveries from the two airlines bring out sharply some of the major pitfalls in the lending process, and also the Insolvency and Bankruptcy Code. Read >>

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