SBI PO recruitment 2019 notification: The SBI PO prelims exam will be held in July first week, 2019 and mains will be held on July 20, 2019. Selected candidates will be called for group exercise and interview in September and the final result will be out in October 2019.
As low-cost airlines made their way into India's civil aviation sector in the 2000s, Jet Airways decided to lower the fares drastically. The losses and the resulting debt grew throughout the past decade, and Jet Airways began defaulting on loans.
The Tata Group, which runs full-service airline Vistara, was earlier in talks to pick stake in Jet Airways. Indications are that discussions to buy a stake in Jet Airways could restart at the Tata Group. The talks had floundered the last time on promoter Naresh Goyal’s reluctance to cede management control.
The consortium of banks which lent money to Mallya’s Kingfisher Airlines in 2010 has sought liquidation of his properties to recover losses. The Enforcement Directorate (ED) had also given its no-objection to the plea along with certain conditions.