SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ICRA upgrades Jet Airways’ loan rating to ‘C’

18 Sep 2014 Evaluate

Credit rating agency ICRA has upgraded India’s premier international airline Jet Airways (India’s) loan rating to ‘C’ from ‘D’ citing the regularization of debt servicing obligations by the airline company for the last three months.

Earlier on 23 August, ICRA had downgraded long-term fund-based bank facilities of Jet Airways worth Rs 3,210 crore citing delays in debt servicing by the company.

Jet Airways currently operates a fleet of 113 aircraft, which include 10 Boeing 777-300 ER aircraft, 8 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 72 next generations Boeing 737-700/800/900/900 ER aircraft and 15 ATR 72-500 and 3 ATR72-600.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
07-Nov-2024 00:00 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4429.20
SpiceJet 12.83
Raymond 397.30
Global Vectra Helico 178.70
Taneja Aerospace 260.55
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×