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India’s 2nd-largest airline is shutting down after running out of money

Jet Airways, the embattled Indian airline, confirmed on Wednesday that it would shut down operations. Jet, the second-largest carrier in India by passengers served, has been racking up debt for months. The company said that it could not pay “for fuel or other critical services” and that its last flight […]
India’s 2nd-largest airline is shutting down after running out of money