Mumbai: Jet Airways (India) Ltd., on Thursday, said that the airline is not in position to consider and approve the audited financial result for the financial year that ended on 31 March, the company said in a stock exchange notification.
“This is to inform that, in view of the ongoing bidding process undertaken by the domestic lenders for change in management of the company, coupled with resignation by members of the board of directors, its key managerial personnel and other employees across functions, the company is not in position to consider and approve the audited financial result for the year ended 31 March 2019,” the airline said.
