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Why is Jet Airways in rough weather?


All is not well at Jet Airways, said to be India’s second largest airline by market share, as it heads into rough weather. It is not just that it is starved of cash and is defaulting on payments right, left and centre and that it has been incurring cash losses of over Rs.1000 crore per quarter, including a loss of Rs.1297 crore in QE September 2018, but that there are serious
issues of mismanagement, that lurk behind its disturbing performance and financial position. The question is why is Jet Airways in rough weather? Mr. Akhilesh Bhargava, Business Editor of HW Business and Finance shares his insights on the matter.

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