India's Jet Airways suspends flights, runs out of money to fly
Thursday, 18 April 2019 Jet Airways, once India's largest airline, announced on Wednesday that it is suspending all operations after failing to raise enough money to run its services.The company said it has been informed by its lenders, led by state-run...
Jet Airways, once India's largest private airline, is over a billion dollars in debt and has not paid its pilots and employees in weeks. It has also decided to pull its planes from the skies. Jayson Albano reports.
According to Reuters, Boeing cut 210 orders from its backlog after an Indian air career indefinitely cancelled flight operations.
India's Jet Airways cancelled their flights after lenders rejected an..