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Jet Airways Shares Fall Over 3%, Extend Losses To Second Straight Day
07 May 2019, 01:04 PM IST i


Jet Airways shares: The stock has declined 44.53% since the grounding of the carrier last month
Jet Airways shares fell more than 3 per cent on Tuesday, extending losses to a second consecutive session. Shares in the now grounded Jet Airways have been under pressure over the past few weeks. The cash-strapped airline - which suspended all its flight operations last month - owes money to lessors, suppliers, pilots and oil companies. Its group of lenders have taken a controlling stake in the airline, and are currently in the proce...
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