September 21, 2018 / 4:52 AM / 4 months ago

BUZZ-India's Jet Airways hits near 4-year low; IT officials conduct survey at premise

** Shares of Jet Airways (India) Ltd, the country’s biggest full-service airline, fall as much 7.1 pct to 225.85 rupees, lowest since Oct 2014

** Income tax officials were conducting a survey at its premises, co said here on Thursday, but it did not elaborate further

** Separately, over two dozen passengers on one of its flight were treated for minor injuries on Thursday after their plane lost cabin pressure and was forced to turn back, aviation authorities said

** Jet said the flight’s cockpit crew had been taken off scheduled duties until investigation was completed

** The airline’s woes continue as it battles rising costs and pay dispute with its pilots

** More than 3.4 mln shares change hands, compared with 30-day avg of 7.8 mln shares

** Up to Wednesday’s close, stock had declined over 70 pct this year

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