Its senior cabin crew management staff were from MSA, the predecessor of SIA. In fact, a handful of retired SVPs and managers from SQ cabin crew were employed by that airline. It was doing very well but a decade later it was in financial difficulties. It couldn't pay the salaries of pilots and staff. I understand it could not even pay for the fuel it needed. Passengers were stranded since it was grounded from April this year.
A few days ago, its founder and wife who owns 51% of Jet were stopped from leaving India.
Etihad Airways which own 24% of the beleaguered airline is trying to get Mubadala the Abu Dhabi's sovereign fund to come in as a partner. Let's hope Jet gets a reprieve and be able to soar again.
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