Jet Airways gains on adding 144 new weekly flights this summer

15 Mar 2018

Jet Airways (India) is currently trading at Rs. 727.45, up by 13.05 points or 1.83% from its previous closing of Rs. 714.40 on the BSE.

The scrip opened at Rs. 719.00 and has touched a high and low of Rs. 731.45 and Rs. 717.90 respectively. So far 163566 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 883.65 on 05-Jan-2018 and a 52 week low of Rs. 436.00 on 31-May-2017.

Last one week high and low of the scrip stood at Rs. 731.45 and Rs. 677.55 respectively. The current market cap of the company is Rs. 8257.96 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 16.90% and 32.10% respectively.

Jet Airways has expanded its domestic network and added 144 new weekly flights comprising both non-stop and one-stop services as part of its summer schedule, beginning from March end.

The new services include flights to north-eastern cities of Imphal and Jorhat as well as Tiruchanapalli in the south from New Delhi and Mumbai. The airline will also commence flights four times a week for non-stop service to Imphal from Delhi and will launch new non-stop services to Patna, Raipur and Chandigarh.

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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