18-May-2009 11:15 AM
Jet Airways, Kingfisher surge, Singapore Airlines steady on SATS offload – Share Wrap
Analysis
Shares in Jet Airways rose 6.2% on Friday as rumours circulated the company intends to announce further jobs losses. The airline decided to release a statement that failed to rule out further cuts, noting, "the implications in terms of fleet and personnel requirements, both operational and supporting staff, will be established as the details are being drawn up as we go ahead" (see full release below).
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