Jet Airways’ share sale from its promoters failed to get fully subscribed. The 4.3 million share sale from Jet's founder group company Tail Winds was subscribed by mere 0.69 times as per National Stock Exchange data. The sale was being done to comply with SEBI’s rules that listed private companies must have at least 25% of its shares held by public shareholders as of June 3.
Jet Airways currently operates a fleet of 115 aircraft, which include 10 Boeing 777-300 ER aircraft, 10 Airbus A330-200 aircraft, 4 Airbus A330-300 aircraft, 73 next generation Boeing 737-700/800/900 aircraft, 17 ATR 72-500 and 1 ATR 72-600 turboprop aircraft.
