Jet Airways, which is grappling with acute financial problems, on Friday said its board will meet on February 14, to approve the unaudited financial statements for the third quarter and nine months ended December 31, 2018.
“The meeting of the board of directors of the company shall be held on February 14, 2019, inter alia, to approve the unaudited financial statements for the third quarter and nine months ended December 31, 2018,” Jet Airways said in a filing to the BSE.
Shares of the company fell by 2.24 per cent to Rs 231.30 on the BSE.
Meanwhile, in a filing to stock exchanges on Thursday, Jet Airways said four planes have been grounded due to non-payment of amounts outstanding to lessors under lease agreements.
“The company is actively engaged with all its aircraft lessors and regularly provides them with updates on efforts undertaken by the company to improve its liquidity,” it said.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.