Free Press Journal

We are regular in all payment obligations: Jet

FOLLOW US:

Mumbai: Jet Airways on Saturday said it is “regular” in all payment obligations, including to the banks and the statutory dues. “We are regular in all our payment obligations to all our banks and statutory dues including PF obligations. Our account with all the banks as on date is “Standard”, Jet Airways said in a statement.

The statement comes amid the airline deferring the announcement of its June quarter earnings without giving any specific reason.

The Naresh Goyal-promoted airline, in which Gulf carrier Etihad holds 24 per cent stake, is grappling with financial woes and its share price has also taken a beating in recent weeks.