Jet Airways dips 2% as pilots continue agitation

Jet Airways dips 2% as pilots continue agitation
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First Published: Thu, Sep 10 2009. 10 47 AM IST
Updated: Thu, Sep 10 2009. 10 47 AM IST
Mumbai: Shares of Jet Airways today slipped nearly 2% in morning trade on the Bombay Stock Exchange as pilots kept away from work for the third consecutive day leading to disruption of services.
Shares of Jet Airways fell as much as 1.68% over previous close to Rs258.15 on the BSE.
Yesterday, the airline cancelled over 200 flights as more than 400 cockpit crew failed to turn up for work to protest the sacking of two pilots by the airlines management.
On the National Stock Exchange also Jet Airways plunged 1.56% to Rs258.75.
Yesterday, Jet Airways Chief Naresh Goyal met Civil Aviation Minister Praful Patel to discuss the impasse.
The airlines said it was willing to talk to the agitating pilots but made it clear that it would not allow the pilots union to hold operations of the airline to ransom.
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First Published: Thu, Sep 10 2009. 10 47 AM IST
More Topics: Stocks | Jet Airways | Shares | Markets | Pilot Strike |