Jet Airways runs out of steam, lenders refuse lifeline, staff left in the lurch
Its all over.
India’s longest-serving private airline finally shut down its operations after a journey which was a little less than 26 years. During this period, it went on to become the first Indian airline outside government control to fly overseas destinations. This event also marks the end of a year-long effort made by the airline and its lenders to save it from being shut down.
Jet will be…
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