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Aviation

Why Jet Airways’ cost cutting plan won’t cut ice

Updated : August 31, 2018 03:34 PM IST

Jet Airways has posted losses in 5 years out of 7 from FY2012 to FY2018.
Shares have largely traded in a range between Rs 225 to Rs 690 since 2010.
Given the track record of the airline, plans like short-term fund infusion and cost-cutting measures will hardly move the needle in the long-term.
Why Jet Airways’ cost cutting plan won’t cut ice
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