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Friday, March 22, 2019

Jet slips to 4th place in Feb on cash problems

Now, one in nine Indian passengers flies Jet that ruled the skies until private sector rival Indigo and the now defunct Kingfisher appeared on the scene in 2005-06. At its peak, it accounted for lion’s share of the domestic market with founder and chairman Naresh Goyal being the king of the aviation sector. But his inability to bring money on the table has resulted in a steep descent of Jet in the aviation sweepstakes.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2UKBfcs

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