Jet Airways continues to be in crisis in India. Tarun Bhatia, Managing Director in the Business Intelligence and Investigations practice of Kroll, a division of Duff & Phelps, speaks to The Hindu BusinessLine about the management-led bailout plan proposed by its minority shareholders to revive the airline.
Tarun commented on the complexity and the difficulty in the high-cost and low-revenue airline industry. “It’s tough in the airline industry to work out, I haven’t come across a bailout plan like this being implemented in the aviation industry.”
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