Rich to rags, sad story how a well-established Indian airline business like jet airways get to the

bankruptcy situation

I had chosen this topic jet airways because a month or 2 I had redden about this topic in a on
economics times website and then had a detailed researched and when I finalised to do my
extended essay on my subject business management hl I was not able to find a more interested
topic for me

Jet airways was a very well established company on Thursday posted a loss of $ 84053297.02 usd for the
quarter ended December 31 against profit of $ 23998837.77 usd in the corresponding quarter last year.

Revenue stood at Rs 6,147.98 crore in Q3FY19 over $ 8838833670.52 usd in Q3FY18.

Its shareholders are in the process of finalising the debt resolution plan. Lenders led by State bank of India (SBI)
initiated the comprehensive plan under the RBI circular on February 12 2018

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