The trending news right now is: Jet Airways goes down. Its been on the news for a few months now, but no-one took it that seriously, I guess. Specially not the lenders. Now with billions disappeared, and thousands of jobs gone, neither the lenders nor the government has an idea of what to do next. And suddenly, everyone on the internet and on the ground is an expert. Doling out experiences and advice on how these billions can be recovered.
It reminds me of this article from years ago, when it was celebrated that Jet Airways had amassed half a million fans on Facebook. Alas, likes and fans couln't save the airline. Sort of how it is new when Indian movie trailers get millions of views and likes on youtube, and then the actual movie comes out and..tanks .
The only silver lining in all of this is that unlike Mallya, who absconded to the UK, Jet Airways founder Goyal did not just..fly away. He is still in the country and fighting it with the lenders.
This is just one more example of bad management. Companies go out of buisness all the time. Millions have and many more millions will. Employees and investors have to simply, move on.
So let's move on from this man-made disaster, and focus on more iimportant things.
Like the royal baby.
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