Tuesday, April 16, 2019

Lenders divided over Jet Airways, employees are on a wing and prayers

India’s oldest private airline Jet Airways, which is operating on a skeletal schedule with just five aircraft due to its critical liquidity position, Tuesday said it is talking to its lenders for emergency funding to “arrest further deterioration of its services”. Civil Aviation Secretary Pradeep Singh Kharola, who reviewed the situation, said the airline has […]

source http://www.ncairways.co/aviation/divided/

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