• SENSEX
    NIFTY 50
Aviation

Jet Airways shares tank 34% as it suspends all operations

Updated : April 18, 2019 12:26 PM IST

Jet Airways India slumped 34 percent on Thursday after the debt-ridden airline suspended all operations with immediate effect
The airline, saddled with roughly Rs 8,400 crore of bank debt, has been teetering for weeks after failing to receive a stop-gap loan of about Rs 1,500 crore from its lenders, as part of a rescue deal agreed in late March.
Jet Airways shares tank 34% as it suspends all operations

You May Also Like

Live TV
Advertisement