The airline industry has hit some turbulence so far in 2019, what with the European carriers Flybmi and Germania collapsing this month, Flybe coming close to folding before several suitors jetted in with different proposals, Norwegian Air Shuttle launching a discounted emergency cash call, and, over in Asia Pacific, lenders taking over Jet Airways of India for a nominal 1 rupee (less than one US cent) as banks attempt to turn around the operator on the verge of collapse.
21 February 2019 | Read more...