Jet’s woes reflect poor management and stiff competition. Neither warrants government intervention to keep a zombie alive
At the time of filing “In the Margins", Jet Airways was in a tailspin and heading for bankruptcy. That may have already happened by the time you read this. What concerns me here, however, is all the hand-wringing by politicians, the business press, commentators and the public that has accompanied the slow demise of what until recently was India’s premier private airline.