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Shares of Jet Airways (India) Ltd fell as much as 3.2 per cent to Rs 263, their lowest since August 10, as a report said that it has delayed paying the salaries for some staff.
According to a media report, the embattled carrier has delayed paying the salaries for 20 per cent of its staff, mostly in higher pay brackets, including its pilots.
Jet Airways gets downgraded : Click here to read more
Jet Airways did not immediately respond to a Reuters request for comment. As of last close, Jet Airways stock had fallen 67.35 per cent this year, making it the worst performing Indian airline in the period.
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