SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Jet Airways receives Rs 258 crore from Jet Privilege

05 Oct 2018 Evaluate

Jet Airways has received around Rs 258 crore from Jet Privilege, its customer loyalty programme, for advance ticket sale. Jet Privilege concluded a prepaid ticket purchase agreement for $35 million with Jet Airways, under normal course of business.

The customer loyalty programme regularly purchases these tickets to offer its members against redemption of miles hence this transaction is no different and is done under normal course of business between Jet Airways and Jet Privilege.

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.

Jet Airways (I) Share Price

34.04 0.00 (0.00%)
07-Nov-2024 00:00 View Price Chart
Peers
Company Name CMP
Interglobe Aviation 4298.90
SpiceJet 13.33
Raymond 491.55
Global Vectra Helico 176.85
Taneja Aerospace 318.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×