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Jet Airways Ltd Crisis Stock going Down with its Performance  Jet Airways Ltd Stock gone Down from Rs 890 to Rs 284 with its Bleeding Performance Jet Airways Ltd is an Indian International Airline based in    Mumbai. In September 2018, it is the Second Largest Airline in   India after IndiGo with a 15% Passenger Market Share. Information : Founder: Mr Naresh Goyal Founded: 1 April 1990, Mumbai Headquarters: Mumbai MH India CEO: Vinay Dube Jet Airways India Ltd Stock fell in early trade today amid  reports which said the Airline would be unable to Fly ... The   stock is down more than 70% since the beginning of this Year. Salary cuts for Pilots are going to be in the range of 15% to   25%. inning of this year. According to a report , the management team, including Chairman  Mr  Naresh Goyal, has informed employees in face-to-face meetings in recent days in Mumbai and Delhi that the Airline's   financials are in a bad shape and drastic measures needed to be   taken to cut costs. Je