Jet Airways Seeks To Rework Vendor Contracts To Cut Costs: Report

Jet Airways Seeks To Rework Vendor Contracts To Cut Costs: Report

Jet Airways hasn't seen a profit in nine of the past 11 fiscal years owing to intensifying fare wars that worsened a cash crunch.

Aviation | (c) 2018 Bloomberg | | Updated: January 07, 2019 18:52 IST
Jet Airways Seeks To Rework Vendor Contracts To Cut Costs: Report

Jet Airways stock dropped 67% last year and was among the worst performers in the S&P BSE 500 Index.