Скачать или смотреть Why JET AIRWAYS failed? FALL of JET AIRWAYS?

India’s oldest private airline, Jet Airways, announced the suspension of its operations on April 17, 2019. After 26 years of operations, the last flight flown was from Amritsar to Mumbai at 10.30 p.m. on April 17, 2019. The suspension was inevitable given that the cash-flow had dried up and banks were unwilling to extend further credit. An airline, that only three months earlier flew a fleet of 119 aircraft, was down to flying a fleet of five aircraft. Apart from over 16,000 jobs at stake, hundreds of passengers were impacted with disruptions to their travel plans. Hundreds more are waiting for refunds. How did this come to be? Impacted by changing market dynamics, Jet became a victim of its own success.

In today's video, we will dive deep into the story of Jet Airways and will try to understand why Jet Airways failed in India?

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