On the debate tonight, India’s aviation crisis is now out in the open. Naresh & Anita Goyal have been forced to step down from the company board. More than 40 aircraft have been grounded, salaries of employees have been unpaid for months. The lenders have now thrown the airline another lifeline. Bankers will loan ₹1,500 crores through debt instruments to help Jet restore normal operations. What’s next for Jet Airways? Why is India’s aviation sector in such a mess? Should the government use public money to bail out Jet Airways?
#JetAirwaysCrisis #JetAirwaysBailOut
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