Why is Jet Airways falling apart?

The deep financial crisis that Jet Airways faces today is not an overnight or sudden phenomena. It has been in the making for years and has now spilt over in the open because the alleged management misconduct is no longer sustainable. The airline may have been India’s largest in the past and is now its second largest, but its management and financial practices have not been above board. The present delay in the announcement of its quarterly results for June 2018, is the culmination of a litany of questionable corporate and financial dealings, which were perpetrated for many years. The question is why is its networth is eroding? Mr. Akhilesh Bharagav, Business Editor of HW Business and Finance, shares his insights on the matter.