Airline

Air France-KLM and Delta need to hold back as Jet Airways crumbles

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Air France-KLM and Delta need to hold back as Jet Airways crumbles

Jet Airways has two months of cash remaining and is grounding a further section of the fleet and selling off a swathe of aircraft. Naresh Goyal, the promoter of Jet Airways, is desperately trying to sell part or all of his of his 51% holding in Jet Airways in order to keep working capital above emer...

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