SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ICRA revises ratings assigned to Jet Airways

02 Jan 2019 Evaluate

Credit Rating Agency ICRA has revised Long Term rating of Jet Airways to ‘D’ from ‘C’. Besides, the Short Term rating has been revised to ‘D’ from ‘A4’.

This rating downgrade considers the delay by the company in the payment of interest and principal installment due on December 31, 2018 due to cash flow mismatches and delays in the implementation of proposed liquidity initiatives by the company.

Jet Airways is India’s premier international airline, which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

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 4522.20
SpiceJet 13.99
Raymond 514.40
Global Vectra Helico 185.90
Taneja Aerospace 344.30
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:

×