Jet saga: It’s premature to celebrate as real problems start now

The immediate crisis in Jet Airways has been warded off for now, with Naresh Goyal, his wife and the Etihad representative stepping down from the Board and lenders providing it a lifeline by infusing ₹1,500 crore.

However, it might be too early to celebrate this new lease of life as the real issues for Jet start now — the most significant of which is finding a long-term solution .

Analysts believe that after this cash infusion, depending on how smartly the money is usedand how much additional revenue is generated by flying more planes and concentrating on profitable routes, the airline can keep going for 3-4 months at least.