Friday, April 19, 2019

'Can't sleep': Despair over jobs as Jet grounded

Thousands of employees have been stung by the rapid unravelling of Jet Airways, which, saddled with more than $1.2 billion in bank debt, grounded all its planes after lenders rejected a plea for emergency funds. "If this continues, I do not know what to do," said the 53-year-old father of two, who has not been paid in nearly two months and may be forced to sell his house.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VaMvCm

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