Jet Airways chief meets top aviation official as airline's stock slides

Financially-challenged Jet Airways Tuesday said its chairman Naresh Goyal met Civil Aviation secretary RN Choubey to discuss matters concerning the sector and the airline. The company that recently deferred its Q1 results has maintained that the Indian aviation sector, which has seen robust traffic growth, is passing through a tough phase primarily due to increase in Brent rates as well as a depreciating rupee. According to the company, the meet took place Monday. The airline has been evaluating various funding options to meet its liquidity requirements on priority. Monday, the airline had reiterated that all of its accounts with lenders are "standard" without any overdues. "There have been no delays in discharging any of our loan obligations to any of the lenders," the airline said. <br/>