The new owners will also rethink their decision on Jet. After 25 years, Jet’s Naresh Goyal is again going to put further $700 million or so. If Goyal couldn’t succeed in his venture, then there is no assurance that the new owners - SBI, Etihad - can make any money in Jet. Goyal, too, may give his decision to put more money on Jet a rethink. If he invests the same money somewhere else, he may earn more than Jet!!!
Source: http://www.ncairways.co/aviation/jet-airways-w/
Wednesday, 30 January 2019
Jet Airways’ Woes Mount, Lessors Start Repossession Process
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