Jet Airways flies high on partnering with BCAS & BIAL to test mobile boarding passes

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

20 Feb 2015 Evaluate

Jet Airways (India) is currently trading at Rs. 442.70, up by 3.15 points or 0.72% from its previous closing of Rs. 439.55 on the BSE.

The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 447.25 and Rs. 433.10 respectively. So far 237528 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 543.50 on 02-Feb-2015 and a 52 week low of Rs. 203.50 on 26-Sep-2014.

Last one week high and low of the scrip stood at Rs. 447.25 and Rs. 410.65 respectively. The current market cap of the company is Rs. 5020.44 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 14.48% and 34.52% respectively.

In a first of its kind initiative in India, Jet Airways, India’s premier international airline, is collaborating with the Bureau of Civil Aviation Security of India (BCAS) and Bangalore International Airport (BIAL) for a pilot project to test the use of Mobile Boarding Passes on its flights.

During this trial phase, guests can use bar-coded boarding passes on their mobile phones to enter Bengaluru’s Kempegowda International Airport (KGIA), pass through security and board their flight. This removes the need for paper boarding passes and fast tracks departure process. This pilot project is being carried out on select Jet Airways flights from Bengaluru to Mumbai and Delhi on a trial basis from February 12, 2015.

BIAL has installed mobile boarding pass scanners at the entrance of the terminal, security check points and the boarding gate. To use mobile boarding passes during the trial period, Jet Airways guests will need to check in at ietairways.com, m.ietairways.com or the Jet Airways mobile app and opt for a mobile boarding pass which has been designed in-house by Jet Airways and follows all IATA standards and requirements.

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.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)

07-Nov-2024 00:00 View Price Chart

Peers

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