MUMBAI -- Market watchers were closely monitoring India's second largest private airline Jet Airways on Monday as it was set to announce its plan to stay afloat amid brutal competition on prices, high fuel prices and a weak rupee.
Companies
Indian airlines bleed red ink as a price war intensifies
Jet Airways' turnaround plan will be closely watched by investors
Jet Airways has posted a profit in just three of the last 10 years.
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