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Jet Airways defaults debt payment: FlightAware

Discussion in 'Airline Fares, News & Discussion' started by Lord Leighton, Jan 4, 2019.

  1. Lord Leighton

    Lord Leighton Hangar Gold Member I

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  2. Exuma Guy

    Exuma Guy Hangar Silver Member V

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    Keep in mind that most airlines don't show a profit on purpose.
    Airlines in India scream poverty to get concessions on taxes and airport fees and labor costs.
    The old man that started Jet is ready to retire.
    When the aircraft lessors don't get paid, then there's real trouble.
     
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  3. Everett 757

    Everett 757 Hangar Silver Member VI

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    Interesting. I see that the second shareholder, Etihad, is in talks with banks to rescue Jet Airways.
     
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