FIIs increase holdings in Jet Airways in December quarter

21 Jan 2015

Foreign institutional investors (FIIs) have raised their stake in Jet Airways (India) for the fourth straight quarter ended December 31, 2014. The overseas investors have hiked their stake in the company to 4.95% from 3.29% in the September 2014 quarter. Moreover, domestic institutional investors (DIIs) have also increased their stake in the company to 9.53% from 5.76% as on September 30, 2014.

Jet Airways currently operates a fleet of 116 aircraft, which include 10 Boeing 777-300 ER aircraft, 8 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 76 next generations Boeing 737-700/800/900/900ER aircraft and 15 ATR 72-500 and 3 ATR72-600.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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