A Reuters analysis showed how the grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline. Jet was forced to indefinitely halt all flight operations on April 17 after its banks rejected the carrier’s plea for emergency funds. The carrier’s descent into crisis has benefited international airlines in the form of rising fares and demand, data showed.
Reuters analysis shows how collapse of India’s Jet Airways a bonanza for foreign carriers
26 April 2019, 12:00 am 1 minute
Type: Reuters Best