Due to Jet Airways India Ltd Crisis Stock Gone Down with its Performance Jet Airways Ltd Stock gone Down from Rs 890 to Rs 284 with its Bleeding Performance Loss Of Rs 600 to Investors
Jet Airways India Limited Be Ready for A Bigger Crisis then Kingfisher Airline Ltd.
Financial Turbulence at Jet Airways has forced the Airline to postpone its earnings Announcement and this has investors and market watchdog Sebi worried no end. Rising jet fuel prices, high maintenance costs, losses incurred by its subsidiary JetLite, and falling Airfares are some of the key issues plaguing Jet Airways.
However, Jet Airways India Limited has reportedly devised a plan to overcome its Financial Troubles. The Economic Times has reported that the Jet Airways India Limited is in talks to raise $400 - 500 Million by selling stake to private equity firms. The report said that Blackstone, TPG and Indigo Capital Partners are some of the large firms which have been contacted for the same. Jet Airways India Limi…
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