BusinessJet Airways Shares Nosedive After Airline Suspends All Flights
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Jet Airways Shares Nosedive After Airline Suspends All Flights
Shares fell to Rs 158.70 compared with previous close of Rs 240.50
Jet Airways suspended all of its flying operations late on Wednesday
Grounding of Jet flights came after lenders denied a bailout to airline
Jet Airways share price: On the NSE, Jet Airways shares fell to as much as Rs 158.70 in morning trade
Jet Airways shares nosedived as much as 34 per cent on Thursday, a day after the cash-starved airline suspended all of its flying operations. The decision by Jet Airways late on Wednesday, to indefinitely suspend its domestic as well as international operations, came after the ailing airline failed to secure a bailout from lenders. On the National Stock Exchange (NSE), the Jet Airways shares plunged to Rs 158.70 apiece at the day's l...