And now the promoters are refusing to pay their dues this month... this is becoming more of a farce each day: https://economictimes.indiatimes.com...w/95565991.cms

Crazy how they can't raise money in the market to finance their start. The money in the global market for such ventures must have dried up completely... Considering that operators like Norse are getting generous haircuts from banks and can get deals from lessors (like operating aircraft on hourly basis) its mysterious...