Jet Airways flies higher on introducing direct daily flight between Mangaluru and Abu Dhabi

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

30 Mar 2015 Evaluate

Jet Airways (India) is currently trading at Rs. 468.55, up by 17.90 points or 3.97 % from its previous closing of Rs. 450.65 on the BSE.

The scrip opened at Rs. 456.00 and has touched a high and low of Rs. 474.00 and Rs. 456.00 respectively. So far 107702 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. 472.80 and Rs. 439.00 respectively. The current market cap of the company is Rs. 5340.78 crore.

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

Jet Airways has introduced a direct daily flight between Mangaluru and Abu Dhabi. This is the second flight to the Gulf region from Mangaluru. Currently, Jet Airways operates a daily direct flight to Dubai.

The flight will depart from Mangalore International Airport at 5.50 pm (Indian time) and reach Abu Dhabi at 8.20 pm (local time). The return flight will depart from Abu Dhabi at 8.45 am (local time) and reach Mangaluru at 1.45 pm (Indian time). On Mangaluru-Abu Dhabi route the airline will deploy Boeing 737-800 aircraft.

The new service would cater to the demand from a large number Indians settled in the Gulf, and those want to travel overseas on business and tourism from Mangaluru and its neighbouring areas. The new flight service will provide the passengers the multiple travel options through Abu Dhabi to destinations in Europe, North America and Gulf region.

Jet Airways, along with its partner Etihad Airways, offers 350 weekly flights to Abu Dhabi from 12 Indian cities. Jet Airways also operates three daily domestic flights to Mumbai and five daily domestic flights to Bengaluru from Mangaluru.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)

07-Nov-2024 00:00 View Price Chart

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