If there is one word to describe Jet Airways it is this: beleaguered. The former Indian aviation giant is staring down the barrel of yet another major blow that could prevent them from returning to the skies. After collapsing in April, Jet Airways now could be headed towards bankruptcy as creditors seek to recover their dues.
The court case
Flightglobal reported that Jet Airways faces insolvency action from two creditors. Shaman Wheels, a truck dealer, and Gaggar Enterprises, a water bottler, have submitted their matter to the National Company Law Tribunal for hearing on June 13th.
Jet Airways collapse
Jet Airways collapsed in April. This came after months …
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