Jet Airways (India)
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Jet Airways' 2019 grounding ended India's oldest private airline after cash ran out to fuel planes. The company had been India's second-largest carrier but couldn't survive competition from IndiGo and government-backed Air India. The mechanism failure was cost structure mismatch against low-cost competitors.
Key Leaders at Jet Airways (India)
Naresh Goyal
Founder/Chairman
Key Facts
1993
Founded