Jet Airways India Ltd., one of the country’s biggest carriers, is on life support. A bailout plan proposed by its lenders is making slow progress, two-thirds of its fleet is grounded, staff salaries are delayed and it’s missed payments to banks and leasing companies. The clock is ticking for one of the country’s most visible companies at a sensitive time, with India’s general election just weeks away.

Topics:  jet airways india ltd   country   companies   
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