As two Boeing 737 Max series airplanes have crashed within a span of little over four months and have cumulatively claimed close to 350 lives, the company seems to in for troubling times. Few nations have grounded its aircrafts and have taken strict action, thereby leading to a fall in its share price. India and the US have are taking stock of the situation and then will take action. We take a look at the various models of the 737 and elaborate which Indian airlines have the models in its fleet along with other details. Jet Airways, which has a debt of more than 8,000 crore ₹ and an upcoming repayment by end March, is in the midst of a restructuring plan which will see its promoter, Naresh Goyal, lose controlling stake of his company. We highlight the other caveats of the deal in detail and explain how Jet Airways plans to deal with the situation.
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
