Jet suspends operation, airways stocks tank 30%


Mumbai, Apr 18 (IANS): Jet Airways scrips tanked over 30 per cent on the BSE during the early trade on Thursday, after suspension of operations over refusal of lenders to provide emergency funding.

Jet scrips hit a low of Rs 168.60 apiece from it's previous close of Rs 241.85.

At 10.43 a.m., Jet was trading at Rs 175.30, down Rs 66.55 or 27.52 per cent.

Jet Airways announced the temporary suspension of all flight services from Wednesday night as it failed to secure interim funding for maintaining even bare minimum operations.

  

Top Stories


Leave a Comment

Title: Jet suspends operation, airways stocks tank 30%



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.