ICRA downgraded the long-term rating to A+ from AA and reaffirmed the short-term rating of A1 on the loan facilities.
The airline, a joint venture between Tata Sons and Singapore Airlines, posted a 54% rise in revenues to Rs 2,137 crore during the year.
The potential investors, mostly all of them, want more information about the Jet Airways' revival plan.
In February this year, APM Terminals decided to retrench 99 contract workers at the facility to streamline business and as part of overall cost cutting measures.
Airfares for the upcoming Dussehra season and thereafter are at a five-year low, meaning a bonanza for flyers.
The increase in demand is seen even as the three-decade-old program continues to be hotly debated in the US Congress because of alleged irregularities, including those involving potential money laundering.
Chairman Ramadorai may also step down for Banmali Agrawala
Logistics company Gati is in the final round of talks with TVS Logistics to sell a controlling stake in its joint venture subsidiary, Gati-Kintetsu Express.
A Jet Airways flight from Hyderabad to Indore made an emergency landing at the destination airport due to a technical glitch in one of its engines.
The facility will be shut down Thursday night, said Ajit Venkataraman, managing director for inland services south Asia, where APM’s CFS business is housed.
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