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Jet Airways may fly into the sunset

DNMUM437660 | 6/13/2019 | Author : Edit | WC :227 | Opinion & Viewpoint

DNA Money Edit

Jet Airways has hit another big air pocket with NSE deciding to pull out the shares of the embattled airline from daily trading. Jet’s securities will now be moved to the trade for trade segment with effect from June 28 as a “preventive surveillance measure”.
The bourse cited the carrier’s failure to respond to queries about rumours in the market.
With most of the top management quitting, it seems there’s hardly anybody left to answer the bourse’s queries. Jet’s shares have more than halved since it shut down operations on April 17. However, the stock counter was kept busy by investors looking to make a fortune speculating the future of the airline.
But the talk that the last of the suitors have stopped negotiations with
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