India’s Jet Airways grounded all of its flights Wednesday, leaving the future of around 20,000 staff uncertain after lenders failed to release emergency funds to keep the debt-saddled carrier flying.
Airfares on rival carriers have soared and Air France and KLM have operated additional flights to Mumbai to accommodate passengers affected by Jet’s decision last week to halt international operations.
As a consortium of lenders seeks to find a buyer to get the beleaguered airline back into the skies, AFP takes a look at where it all went wrong for Jet.
