And now, Jet Airways.

[randomness]

I was never a huge fan of the airline but as is usual with airlines I'm on the side of more competition.

From https://www.bbc.com/news/business-47905089:

Passengers are stranded in India and around the world after Jet Airways suspended all international flights.

Flights from London, Paris and Amsterdam are among those grounded amid fears about the survival of India's largest private airline.

The airline cancelled all international flights until Monday when, according to reports, it will meet its lenders again to try to secure funding.

Comments

[r-ness.livejournal.com]

Apparently Softbank gets much of its money from the Saudis.

From https://www.ft.com/content/5bf2948a-de1a-11e8-8f50-cbae5495d92b:

"Saudi Arabia is the biggest investor in the $100bn Vision Fund, with a $45bn commitment from the kingdom’s Public Investment Fund. The Vision Fund is the largest private pool of money ever raised, and has backed companies from Uber to WeWork to food delivery service DoorDash."