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India's Jet Airways suspends flights, runs out of money to fly

New Zealand Herald Thursday, 18 April 2019
India's Jet Airways suspends flights, runs out of money to flyJet 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...
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News video: India's Jet Airways runs out of cash, shuts down

India's Jet Airways runs out of cash, shuts down 01:26

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.

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