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Jet Airways’ Near-Collapse Could Be a Tough Election Issue for India’s Prime Minister

Bloomberg

Struggling in a competitive market where basic airfares can get as low as 2 cents, Jet Airways India Ltd. has piled on $1.1 billion in debt and failed to pay loans and salaries. Bloomberg

Skift Take: India’s economic policies have made airfares way more affordable, which hasn’t helped the struggling Jet Airways. If the prime minister doesn’t figure out a rescue plan for the airline, it could be a vexing issue in an upcoming election.

— Isaac Carey

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