NEW DELHI: Shares of Jet AirwaysNSE -2.21 % slipped over 3 per cent on Thursday morning on reports that in the last two months it has trimmed its fleet by 28 planes and will ground about a dozen more aircraft in March mainly due to non-payment of rentals.
The scrip hovered at Rs 217.70, down 3.18 per cent at around 09:50 am while the benchmark BSE Sensex was up 0.21 per cent at 35,979.62.
Eight ATR turboprop jets, a Boeing 737 Max recently included into the fleet, a Boeing 777 and an Airbus A330 plane, and at least seven Boeing 737 NG planes are among the 40 odd aircraft that have been, or are in the process of being taken off the fleet, ET reported. Earlier, Jet had a fleet of 123 planes, which means it will have cut its fleet by close to a third by April.