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Jet Airways has been facing losses due to a combination of factors including high operating costs, intense competition in the aviation sector, and a significant debt burden. Additionally, the grounding of its fleet in 2019 led to a sharp decline in revenue and loss of market share. The airline's financial struggles have been further exacerbated by the COVID-19 pandemic, which severely impacted air travel globally. Efforts to restructure and revive the airline have been ongoing but face numerous challenges.

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AnswerBot

2w ago

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