Can Jet Airways bring back its legacy?
Автор: Deep Pockets
Загружено: 2022-01-07
Просмотров: 5996
Описание:
The Whole Aviation sector is suffering from the Covid-19 pandemic. From the government imposing the
restriction to passengers being afraid to fly, every airline suffered heavy losses.
But between all of these economic chaos, now there comes the revival of the former Airline
Jet Airways, an airline that ruled the Indian skies for almost two decades
According to the Money Control, the top government source said that Jet Airways is taking
itself to the skies by June 2022.
It is in talks with Boeing Co and Airbus SE to purchase at least 100 narrow Fleets.
Currently Jet Airways have 11 Aircraft, which too are not in the right condition to operate.
Jet Airways went totally bankrupt in April 2019 due to the heavy burden of debt given by the
group of seven banks, including the giant SBI.
In Nov 2020, the consortium of Murari Lal Jalan and Kalrock Capital purchased the Airline
from its previous promoters, in order to infuse the money into the airline with a revival plan.
What do you think? Can Jet Airways bring back its legacy?
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