This is why Jet Airways failed to announce Q1 results
The Board of Jet Airways (India) Ltd, which met on Thursday, decided to defer the announcement of unaudited financial results for the first quarter. Adding to its ongoing financial woes, the company informed the stock exchanges in a statement that the Board’s audit committee had refused to approve the financial results.
The Board of Jet Airways (India) Ltd, which met on Thursday, decided to defer the announcement of unaudited financial results for the first quarter. Image source: Reuters