The rise and fall of India’s second largest carrier – what went wrong at Jet Airways?

Barely six months after the high-profile launch of Manchester’s first direct route to India, the immediately popular service to Mumbai has been halted.

Jet Airways, the Indian carrier behind the flights, says the suspension is temporary and that the connection will be up and running again by May, but the crisis currently consuming India’s second largest airline looks like there might be more severe consequences.

This week the founder of the beleaguered carrier – India’s oldest private operator – stepped down as chairman of the company, paving the way for potential investors to address more than $1billion worth of debt.

The situation at Jet Airways has been brewing for some time but now appears…

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