Jet Airways shares slump after record quarterly loss
May 28 2014 , Mumbai
Jet, the No. 2 Indian carrier by domestic market share, said on Tuesday that standalone net loss was 21.54 billion rupees ($366.5 million) for its fiscal fourth-quarter to end-March, compared with a loss of 4.96 billion rupees a year earlier.
Jet shares were trading down 6.4 percent 251.45 rupees as of 9:23 a.m.