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Jet Airways Ltd Crisis Stock going Down with its Performance Jet Airways Ltd Stock gone Down from Rs 890 to Rs 284 with its Bleeding Performance
Jet Airways Ltd is an Indian International Airline based in Mumbai. In September 2018, it is the Second Largest Airline in India after IndiGo with a 15% Passenger Market Share.
Founder: Mr Naresh Goyal Founded: 1 April 1990, Mumbai Headquarters: Mumbai MH India CEO: Vinay Dube
Jet Airways India Ltd Stock fell in early trade today amid reports which said the Airline would be unable to Fly ... The stock is down more than 70% since the beginning of this Year.
Salary cuts for Pilots are going to be in the range of 15% to 25%. inning of this year.
According to a report , the management team, including Chairman Mr Naresh Goyal, has informed employees in face-to-face meetings in recent days in Mumbai and Delhi that the Airline's financials are in a bad shape and drastic measures needed to be taken to cut costs.