Jet

On my list of airlines in trouble, Jet was near the top. People hoped that they would find a rescuer. I was more pessimistic. Jet suspended all operations this week after 25 years of operations after teetering on the brink of collapse for almost six months. After the State Bank of India, on behalf of the consortium of refused to offer a  cash lifeline, the airline announced its flights were grounded. At the last count, only seven of their planes were still in the air, anyway. The rest were being held by creditors at ports…

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