Jet Airways (File | PTI) 
Business

Jet Airways share price rises 5.32 per cent

Jet Airways stated that it grounded two more aircraft due to non-payment of amounts outstanding to lessors, taking the number of grounded aircraft to 21. 

From our online archive

NEW DELHI: Shares of debt-laden Jet Airways rose as much as 6.3 per cent on BSE in early trade on Friday and closed at Rs 234.64, up 5.32 per cent than previous day’s closing, following reports that its founder Naresh Goyal might step down as chairman.

Meanwhile, Goyal, in a letter to employees on Friday, urged them “to bear with me through this difficult situation” and that he is prepared to make any “sacrifice” to keep the airline afloat. He assured that the company will ensure a fresh detailed update to be provided to them “by the 18th of this month”, by which time the situation is likely to ease up. 

Jet also stated that it grounded two more aircraft due to non-payment of amounts outstanding to lessors, taking the number of grounded aircraft to 21. 

Trumps blames Iran for downing army helicopter near Hormuz, says 'US must respond'

RS elections: Congress candidate Meenakshi Natarajan's nomination rejected; party leaders protest at EC office

Seven killed, several injured as fire breaks out in factory in Jaipur's Kho-Nagorian area

Air India fares to become cheaper for domestic economy passengers who opt out of food

Modi govt may revive delimitation push in Parliament amid opposition disarray

SCROLL FOR NEXT