Jet Airways is facing financial difficulties and owes money to pilots, lessors and vendors. Intense pricing competition, a weak rupee and rising fuel costs weighed on Indian airlines in 2018.
from Latest News Business on Firstpost http://bit.ly/2EZGPTb
Wednesday, 2 January 2019
Cash-strapped Jet Airways defaults on debt payment to banks due to 'temporary cash flow mismatch'
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