Jet Airways fails to get emergency funding

Jet Airways fails to get emergency funding

The troubled Indian airline Jet Airways failed to secure emergency funding from its lenders. The company, which last week suspended all international flights, has extended the cancellation period until Thursday. Jet has debts of more than $1.2 billion.

Black Mirror “Nathan” Darth
Black Mirror “Nathan” Darth 1 year

India should stick to answering phones and writing code. Leave everything else to us! lol

QuestionableEthics 1 year

The bell 🔔 tolls for the.

Lord Flasheart
Lord Flasheart 1 year

This is how all companies should be treated. If the company is failing then it would be due to lack of market or mis-management. Governments should never bail out a company that has failed on both of these accounts. New companies will fill the demand if it is there. This is how you get stronger and smarter business.

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