DUBAI / GULF TIME AVENEW Development announced the launch of MODO, the first phase of ...
Read More »India taps indebted Jet Air’s rivals to take over planes
Bloomberg India is mulling options to save jobs at Jet Airways India Ltd including asking low-cost carrier SpiceJet Ltd to consider taking over some of the debt-laden company’s aircraft, people with knowledge of the matter said. The proposal involves SpiceJet, led by Chairman Ajay Singh, acquiring as many as 40 of Jet Airways’ grounded planes that are owned by lessors, ...
Read More »