India’s insolvency proceedings are not working well. The Jet story illustrates some of the costs India is incurring. It is not about the airline alone.
AVIATION HISTORY – 35 Years back : The crash of SAA flight 295 East of Mauritius lemauricien.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lemauricien.com Daily Mail and Mail on Sunday newspapers.
Nigerian flag carrier, Air Peace airline, has restored operations on the Lagos-Johannesburg route, though with reduced capacity of the operating aircraft.
The failure to submit financial statements for years, particularly in the case of South African Airlines, and the delays by others such as Eskom, has also made it difficult to form an accurate picture of the state of their finances.