| Description |
1 online resource : illustrations |
| Series |
SAGE business cases |
|
SAGE business cases
|
| Summary |
Jet Airways India Ltd (Jet Airways) is a Mumbai, India-based full-service airline (FSA), planning its turnaround by December 2020 in an attempt to emerge from bankruptcy. UAE-based businessperson Murari L. Jalan and London-based Kalrock Capital were responsible for the revival of Jet Airways. The Indian international aviation market was expected to increase and return to normal by 2024, with the Indian government working to connect medium-sized cities within India. During the COVID-19 pandemic, most airlines around the world experienced a fall in their market capitalization. In contrast, for Jet Airways, its market capitalization increased significantly. However, some industry experts believed that India's aviation sector was adversely affected by the COVID-19 pandemic, and several airlines were struggling to survive. In India, competition from low-cost airlines (LCA) and FSA was increasing, and experts questioned the feasibility of FSAs such as Jet Airways. Jalan hoped that the National Company Law Tribunal and other Indian regulatory bodies would approve Jet Airways' takeover. This would include "reinstatement of slots and bilateral traffic rights by the civil aviation ministry and Directorate General of Civil Aviation" so that the airline could be back in service in the Summer of 2021. Did Jalan make the right decision to attempt to turn around Jet Airways? Should Jalan relaunch Jet Airways as an FSA or LCA? What should be the airline's turnaround strategy? |
| Notes |
Description based on XML content |
| Subject |
Bankruptcy.
|
|
Airways -- Finance.
|
|
Airways -- Finance
|
|
Bankruptcy
|
| Form |
Electronic book
|
| Author |
Bhattacharya, Saurabh, author
|
| ISBN |
9781529608496 |
|
152960849X |
|
