Jet Airways’ grounding blessing in disguise for industry

New Delhi/Mumbai: Financial collapses are never pleasant, but the grounding of Jet AirwaysNSE -2.80 % has aided competitors in the extremely price-sensitive aviation market to muster-up courage for fares which at least meet the airlines’ operational costs and do not diminish their market share.

However, no matter how healthy the development has been for the industry, it surely did bring hardship for the employees, passengers and lenders alike.