Jet Airways Says Resolution Plan At Implementation Stage, Q4 Result Delayed
NDTV
Jet Airways stopped flying in April 2019 due to financial crunch.
Jet Airways today said there will be a delay in declaring the financial results for the quarter and year ended March 2024, and its monitoring committee expected to meet shortly to consider the results.
"We wish to state that currently the approved resolution plan is at the implementation stage and every effort is being ensured to comply with the necessary provisions of SEBI LODR Regulations, as such a meeting of the monitoring committee will be convened at the earliest to consider and adopt the aforesaid financial results," the airline said in a regulatory filing.
Jet Airways, which stopped flying in April 2019 due to financial crunch, is undergoing an insolvency resolution process.
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