Jet Airways gains on launching premium cargo product branded ‘FAST-TRACK’

08 May 2015

Jet Airways is currently trading at Rs. 367.00, up by 9.90 points or 2.77% from its previous closing of Rs. 357.10 on the BSE.

The scrip opened at Rs. 364.00 and has touched a high and low of Rs. 370.35 and Rs. 364.00 respectively. So far 14,000 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. 413.20 and Rs. 339.00 respectively. The current market cap of the company is Rs. 4,169.00 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 17.22% and 31.78% respectively.

Jet Airways, India’s premier international airline has launched a premium cargo product branded FAST-TRACK(SM) that offers customers an express service on the airline’s domestic network to send urgent shipments within a defined timeframe. FAST-TRACK will soon be rolled out on Jet Airways’ extensive international network.

Other key highlights of the FAST-TRACK product is expedited tender time of 120 minutes, retrieval times of 90 minutes, premium boarding priority and 24/7 real time tracking. This new offering from Jet Airways Cargo will provide priority access to capacity, later bookings and guaranteed uplift with a money back guarantee in case of non-delivery of service.

Jet Airways currently operates a fleet of 116 aircraft, which include a mix of state-of-the-art Boeing 777-300 ERs/Airbus A330-200/300 aircraft, Next Generation Boeing 737s and ATR 72-500/600s, and has one of the youngest fleet in the region with an average of 6.01 years.


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