Jet Airways inches up on adding two international flights in its network

21 Apr 2017

Jet Airways is currently trading at Rs. 511.95, up by 0.90 points or 0.18% from its previous closing of Rs. 511.05 on the BSE.

The scrip opened at Rs. 515.00 and has touched a high and low of Rs. 515.65 and Rs. 509.25 respectively. So far 48,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 670.25 on 17-May-2016 and a 52 week low of Rs. 332.40 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 515.65 and Rs. 473.85 respectively. The current market cap of the company is Rs. 5,770.00 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 13.17% and 35.83% respectively.

Jet Airways has added two international flights -- Chennai-Paris and Bengaluru-Amsterdam -- in its network from October this year, the bookings for which commenced from April 20, 2017. The Bengaluru-Amsterdam service will be daily service, while the Chennai-Paris flight will be five days a week.

The proposed flights will commence operations from October 29 this year. The new services will be operated by the wide-bodied Airbus A330 aircraft.

Jet Airways is India’s premier international airline which operates flights to India and overseas. The company’s robust domestic India network spans the length and breadth of the country covering metro cities, state capitals and emerging destinations.

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Puchho Befikar
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