Jet Airways on Saturday said that it is regular in all its payment obligations to banks. The reassurance from the airline came after its scrip plunged on Friday, a day after its board deferred consideration of the first quarter financial results. At the BSE, the company's scrip plunged by 8.39 percent or Rs 25.30 at Rs 276.40 on Friday from its previous close of Rs 301.70.

"We are regular in all our payment obligations to all our banks and statutory dues including PF obligations. Our account with all the banks as on date is 'standard'," a Jet Airways spokesperson was quoted as saying in a statement.