We are almost there ...
Jet Airways’s new owner puts the onus for airline’s revival on banks
Slapped with additional liabilities, the Jalan-Kalrock consortium suggests lenders take a further cut in their share of the agreed payment. But with the banks playing hardball, is there hope for the airline’s revival?
11 November, 2022•13 min
0
11 November, 2022•13 min
0
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
SUBSCRIBE
Already have an account? Sign In
More in Business
Business
Mubadala acquires a stake in Nord Anglia Education for $600 million
The investment company joins a consortium that plans to expand the UK-based private school operator’s footprint across the Middle East.
You may also like
Business
Exclusive: SBI MF dusts off plans for a mega IPO
SBI is in discussions with its French partner on the contours of a near Rs 20,000-crore listing of the mutual fund house. But challenges in the form of a unique shareholder agreement and the recent poor performance of the AMC could derail plans.
Business
Why it's too soon to say SpiceJet has made a comeback
The Ajay Singh-led airline may have claimed it has turned profitable, or has a positive net worth for the first time in a decade, but a closer look suggests otherwise.
Business
CEO Vinay Dube has a band-aid for Akasa airline’s many deep wounds
The past two months have seen the founder and chief executive of the low-cost airline battle intense regulatory scrutiny and suspension of senior executives. While a smart management move has brought some peace, the airline’s troubles are far from over.
