19-April-2024
Corporate News
 
Rakesh Jhunjhunwala's new airline may give Boeing a chance to regain lost ground
31-Jul-2021

Indian billionaire Rakesh Jhunjhunwala's plan to launch an ultra-low-cost airline could give planemaker Boeing a chance to regain lost ground in India after the fall of one of its biggest customers, Jet Airways, two years ago, industry executives say. Jhunjhunwala, known as India's Warren Buffett for his successful stock investments, plans to team up with former CEOs of IndiGo, the country's biggest carrier, and Jet Airways to tap into demand for domestic air travel.

News Source:- https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/rakesh-jhunjhunwalas-new-airline-may-give-boeing-a-chance-to-regain-lost-ground/articleshow/84891498.cms
 
 
 

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