Jet Airways got bailed out, but no salvation in sight

Daily Newsletter | April 3, 2019
Just over a week after debt-ridden Jet Airways was bailed out by state-run banks, the airline sees its planes being grounded yet again. It is known that over two thirds of its fleet is now removed from operations, but local media reports indicate that as little as 15 planes are actually still flying.
Once again, the United States Air Force has suspended taking delivery of new Boeing KC-46 Pegasus tanker jets after foreign object debris (FOD) were discovered inside the aircraft.
Former United CFO Andrew Levy is hoping to raise $100 million by June 2019, to launch a new, ultra-low-cost airline in the United States. If the plan is successful, the airline could take up to skies as soon as in 2019.
AeroTime News Hub

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.