Onbester Peoples

Jet Airways seeks cash as it sinks to Rs13.2bn Q1 loss

India’s Jet Airways has flagged seeking a new equity infusion and monetising its loyalty programme after revealing a loss before tax of Rs13.2 billion ($198 million) for the quarter ended 30 June, reversing its profit before tax of Rs53.5 million from the previous corresponding period.

Full article:Jet Airways seeks cash as it sinks to Rs13.2bn Q1 loss

Login