Jet Airways falls despite reporting passenger load factor of 80.4% in May

20 Jun 2018

Jet Airways (India) is currently trading at Rs. 380.00, down by 8.20 points or 2.11% from its previous closing of Rs. 388.20 on the BSE.

The scrip opened at Rs. 388.05 and has touched a high and low of Rs. 390.55 and Rs. 378.10 respectively. So far 250229 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. 376.60 on 24-May-2018.

Last one week high and low of the scrip stood at Rs. 399.00 and Rs. 378.10 respectively. The current market cap of the company is Rs. 4324.65 crore.

The promoters holding in the company stood at 51.00%, while Institutions and Non-Institutions held 16.77% and 32.23% respectively.

Jet Airways has reported the Passenger Load Factor (PLF) of 80.4% during the month of May 2018. The company had reported the Passenger Load Factor of 85.6% during the month of April 2018.

The PLF is a key indicator of the company’s performance, as it measures the average percentage of seats filled on airline’s aircraft fleet.

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
SEBI Registered: Investment Adviser - INA000013323

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