Jet Airways, which has been grounded for nearly two years, on Monday reported a standalone loss of Rs 2,841.45 crore for the year ended March 2020.
During the 2019-20 financial year, the airline had a total income of Rs 354.2 crore, the company said in a filing to the BSE.
In 2018-19, the airlne had posted a loss of Rs 5,535.75 crore.
The once-storied full service airline, which shuttered operations on April 18, 2019, is undergoing insolvency resolution process.
As per the filing, the resolution professional — Ashish Chhawchharia — and employees who were part of the asset preservation team have made all practical and reasonable …
Related posts:
14th Round Of India-China Military Talks Fails On Outcome But Scores On Cordiality
CBI Arrests DSIIDC Sr Official, Private Person For Accepting Bribe Of Rs 1.70 Lakh
SBI Successfully Prices Its First International USD Denominated Public Bond For $300 Mn
Shipping congestion is growing at world’s biggest port
