Downfall of Jet Airways: Debt-laden airline never had a viable business model, failed to maintain income-expenditure balance
The overall expenditure of Jet Airways was simply too high, given the total income of the airline. A basic problem with the business model
Jet Airways grounded: JetPrivilege says members need not worry, JPMiles value, safety remain intact; all you need to know
Like the passengers, who booked tickets in Jet Airways before the temporary grounding of the airline and worried about the refund now, the JPMiles earners are also concerned about if they can encash the reward points.
SpiceJet to induct six more Boeing 737s, launch 24 new daily flights; seeks to encash gap left by Jet Airways
SpiceJet will induct six more Boeing 737-800 NG aircraft on dry lease and it has applied to the DGCA for a no-objection certificate (NOC) to import these planes, the airline said in a statement.
Jet Airways' last flight landed at the city airport past midnight from Amritsar and became the seventh carrier to shutter operations in the past five years.