InvestorQ : what is the futureof Jet airways
Aditya made post

what is the futureof Jet airways

Rashi Mehra answered.
6 months ago

I am not sure why we are so keen on Jet Airways. You must be aware that a consortium has been finalized to take over the airline but we are not too sure whether that will happen, when will happen and even if it happens whether shareholders will benefit in any way.

The global airline industry is in the midst of a major churn due to the travel restrictions and a virtual slump in tourism. Estimates are that it could take a number of years for this situation to improve. For now, I presume you should just keep off the stock. The future looks bleak, with or without the deal going through.