XXVIII, Issue No. 7
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Polish carrier LOT ask passengers to help pay for the repair hydraulic problem
Brazilian pilot embraces Islam while flying over Saudi Arabia
Int’l Leathergoods Show 2018 from Nov 22
UNWTO reports: Int. visitors spent most in Thailand, among Asian countries
Emirates airline and Group record revenue growth during first half of 2018-19 despite global challenges
Drunk Irish passenger arrested after Air India flight lands in London
Emirates introduces taxi app
Development of all Bangladesh airports in progress
Air India pilot caught drunk before takeoff on Delhi-London flight
Hijack scare on Delhi-Kandahar flight after pilot mistakenly presses hijack button
Jet Airways shares nose dive
- A Monitor Report
08 Nov, 2018  |
Jet Airways at New Delhi airport
Jet Airways Logo
: Jet's shares plunged as much as 10.8 per cent in their biggest daily percentage fall since September 25, before ending the day nearly 6 per cent lower.
Jet Airways, India’s largest private carrier has been struggling to keep itself afloat and it had said in August that it will inject funds and cut costs to turn around the business.
Profits of airlines in the world's fastest-growing aviation market have been dented with the surge in crude oil prices and a depreciating rupee.
Jet Airways Ltd said on November 7, it has received notices on payment delays from a few aircraft lessors, adding to the debt-laden airline's woes.
"... they (aircraft lessors) are mindful of the challenges currently faced by the Indian aviation industry and they have been supportive of the company's efforts," the airline said in a statement.
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