Jet Airways flies higher on enhancing code-share with Etihad Airways

Jet Airways (India) Ltd. | Airlines | Travel & Hospitality | BSE: 532617 | NSE: JETAIRWAYS

30 May 2014 Evaluate

Jet Airways (India) is currently trading at Rs. 239.85, up by 2.20 points or 0.93% from its previous closing of Rs. 237.65 on the BSE.

The scrip opened at Rs. 240.00 and has touched a high and low of Rs. 243.35 and Rs. 238.85 respectively. So far 54904 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 548.90 on 30-May-2013 and a 52 week low of Rs. 210.25 on 05-Feb-2014.

Last one week high and low of the scrip stood at Rs. 303.95 and Rs. 236.25 respectively. The current market cap of the company is Rs. 2699.64 crore.

The promoters holding in the company stood at 51.00 % while Institutions and Non-Institutions held 9.09 % and 39.91 % respectively.

Jet Airways, India’s premier international airline, together with its strategic partner Etihad Airways has announced further expansion of its codeshare spanning a wide array of destinations across the globe. The new code share flights are available for sale with immediate effect. The expansion of the codeshare partnership also enhances the position of Jet Airways’ hub in Mumbai and Delhi with convenient mid-point option for traffic flowing between the Gulf, Middle East, Europe, America and Asia.

Guests traveling from India can also seamlessly connect onto Jet Airways codeshare flights on the Etihad network via Abu Dhabi to European destinations including, Amsterdam, Brussels, Dusseldorf, Frankfurt, Geneva, Manchester, Munich, Paris, Dublin and Milan. The codeshare also covers North American destinations such as Chicago, New York (JFK) and Washington as well as Johannesburg and Nairobi on the African continent and Brisbane in Australia via Singapore.

As per the expanded reciprocal agreement, Jet Airways places its marketing code (9W) on flights operated by Etihad Airways, between Abu Dhabi and key destinations across India such as Ahmedabad, Bangalore, Calicut, Chennai, Delhi, Hyderabad, Mumbai, Kochi and Trivandrum.

Similarly, Etihad Airways places its marketing code (EY) on Jet Airways’ flights operated between Abu Dhabi and key destinations in India such as Mumbai, Delhi, Cochin, Bangalore, Hyderabad and Chennai offering guests a wider choice of frequency to and from India. The codeshare also enables Etihad guests to access Far East Asian destinations on Jet Airways operated flights between Mumbai, Delhi Chennai and Singapore, Hong Kong and Bangkok.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)

07-Nov-2024 00:00 View Price Chart

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