Jet Airways shares fell nearly 6 percent to a low of Rs 312.25 on BSE
Shares of the company today opened on a weak note at Rs 324.80, then fell 5.72 per cent to a low of Rs 312.25 on BSE.
Shares of Jet Airways today slumped nearly 6 percent in morning trade on the bourses after reports surfaced that the company's financials are in bad shape and drastic measures need to be taken to cut costs.
Jet Airways, which completed 25 years of operations earlier this year, had 16,558 permanent employees as on March 31, 2018.
Besides, there were a total of 6,306 temporary/casual employees, as per the airline's annual report for 2017-18.
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