Jet Airways gains on plan to upgrade daily services between Delhi and Singapore

13 Nov 2015

Jet Airways is currently trading at Rs. 432.65, up by 1.35 points or 0.31% from its previous closing of Rs. 431.30 on the BSE.

The scrip opened at Rs. 425.00 and has touched a high and low of Rs. 433.65 and Rs. 425.00 respectively. So far 32,000 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. 240.75 on 25-Nov-2014.

Last one week high and low of the scrip stood at Rs. 455.00 and Rs. 390.00 respectively. The current market cap of the company is Rs. 4,921.00 crore.

The promoters holding in the company stood at 51.00% while Institutions and Non-Institutions held 14.09% and 34.91% respectively.

Jet Airways, India’s premier international airline, will upgrade its daily flights between Delhi and Singapore to an Airbus A330 aircraft, with effective from November 25, 2015. This will enable guests on this high demand sector to experience enhanced cabin comfort on board the wide-body aircraft, while offering convenient connections for those travelling from India to Australia and the ASEAN region over Singapore on code-share and interline partner airlines.

The upgraded service will offer 50 percent more seat capacity than the Boeing 737 currently operating on this route. The A330 offers guests Jet Airways’ award winning inflight experience with enhanced cabin comfort and a customized two-cabin seating configuration of 18 seats in Premiere and 236 in Economy.

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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