Jet Airways Troubles Deepen, 15 Executives Sacked

Jet Airways continues to battle tough financial woes. The Indian carrier has sacked 15 top-level management employees and grounded eight planes—an Airbus A330, a Boeing 777, and two 737s. The troubled carrier has also approached numerous banks looking for a moratorium on loans, as well as fresh cash to keep its operations afloat. (airwaysmag.com) Mais...