Jet Airways tanks 20% in 3 days, nears record low as top executives resign

The stock slipped 6 per cent to Rs 121 on Wednesday, falling 20 per cent in past three days, trading close to its all-time low of Rs 115 touched on March 12, 2009 on the BSE.

Jet Airways (India) shares slipped 6 per cent to Rs 121 on Wednesday, falling 20 per cent in past three days on the BSE after top executives of the cash-strapped airline resigned with immediate effect.

The stock was trading close to its all-time low of Rs 115 touched on March 12, 2009, on the BSE in intra-day trade.

The top executives who put in their papers include Jet’s chief executive officer (CEO) Vinay Dube, chief finance officer (CFO) and deputy CEO Amit Agarwal and company secretary Kuldeep Sharma. Recenty, Jet’s chief people officer Rahul Taneja and executive director